EURUSD – Up
EURUSD has reached the targeted resistance zone at 1.0908. You may also observe that this zone was our target for minor wave ‚a‘. Therefore, the market is still in a corrective phase. However, we anticipate a short drop at this point. Our expectation is for the market to undergo a corrective drop, reaching at least 1.0841. This level serves as our target for minor corrective wave ‚b‘. You have the option to initiate a short position with your profit target set at 1.0866-1.0840. Use proper risk management.
Trade Recommendations:
Wait for a correction for now
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
