We're long towards 1.11045 | 29 Agustus 2023

29 Agustus 2023, EUR/USD

EURUSD is currently exhibiting strong bullish momentum. As anticipated in our previous analysis, the price has begun to rise significantly. Our expectation is for the market to continue its bullish trend, moving upwards in the form of a corrective 'ABC' pattern, with a target at 1.1042 – which is the projected end of the corrective phase. If you have not yet entered a position, you may consider initiating a long position, with a target range of 1.0928 to 1.0943. Ensure you use proper risk management.

Trade Recommendations:

We're long towards 1.11045

Bob Stan
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