EURUSD – Up
EURUSD is currently exhibiting a strong bearish sentiment. The market is currently forming the impulsive wave „V“. As indicated in the chart above, the market is currently at major wave „IV“ at 1.1007. Upon observing recent price action, it becomes evident that the market has formed an ascending channel, which is a bearish reversal pattern from 1.0993 to its current position. Based on this analysis, I anticipate this pair to form a double top at 1.1006 and then drop to at least 1.0892. You can place sell orders now.
Trade Recommendations
We’re Sellers for now
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