EURUSD – Up
The price did not immediately try to grow, increasing the corrective phase of development and, probably, preparing for active actions.
As a result, the value approached the minimum, but it was not possible to go below it. There is still a weak, but still, reaction from buyers. It is expected that, in the end, this will all result in a good directional movement.
This will form wave v of the diagonal triangle. Or else, we can count on a zigzag, which also indicates an upward price movement in the near term. In this regard, one can consider the possibility of concluding purchase transactions.
Investment idea: buy 1.0830, stop loss 1.0810, take profit 1.1000.
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
