12 September 2023, EUR/USD
EUR/USD is currently displaying strong bearish momentum. The price is currently situated within a significant resistance zone, and we anticipate it will face rejection at this level, leading to a sharp downward move. This movement aligns with the formation of the impulsive major outer wave 'V.' Our target for the drop is at least 1.0633. If you are currently holding a sell trade, I strongly recommend moving your stop loss to breakeven to secure your profits, as the price is approaching our target.
Trade Recommendations:
We're short for now