We're long for now | 19 Oktober 2023

19 Oktober 2023, EUR/USD

We're long for now

EURUSD is currently in a bullish corrective phase, with the market moving in the form of an ABC corrective pattern. The price has formed a minor rising wedge, and we expect the price to drop, at least down to 1.0506, before reversing to the upside impulsively, with our target at the resistance zone of 1.0742. We anticipate the price rising to at least 1.0742. You can enter a long position after the pullback, with your profit target ranging from 1.0700 to 1.0742. This setup will be invalidated if the price breaks and closes below the support zone of 1.0464.

Trade Recommendations:

We're waiting for long positions

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.