EURUSD – Up
EURUSD is still in an impulsive phase, with the market currently forming the impulsive major wave „V“. The falling wedge pattern observed on the chart is seen as a bullish continuation pattern, indicating that the bulls are still in control. Given this analysis, you can consider placing a buy order with a take profit target at 1.1283, which is identified as the target for the completion of the major impulsive wave „V“. It’s important to use proper risk management techniques to protect your capital and minimize potential losses.
Trade Recommendations:
We’re long
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
