EURUSD is still very bullish. The market is currently in an impulsive phase, and there is an expectation for the price to continue moving upward. The target for this bullish move is set at 1.1056, which is marked as the major impulsive wave “V”. Reaching this zone would signify the end of the impulsive phase.
To take advantage of this bullish momentum, you can consider placing a buy order now with a take profit set at 1.1056. It’s important to use proper risk management techniques, such as setting a stop loss at 1.0876 to protect against potential losses. pips.
Origin: FreshForex
