EURUSD is currently moving nicely, just as we had predicted in our previous analysis on 7/26/2023. The market is very bullish. Currently, it is forming the major impulsive wave “V,” and our target for this phase is at 1.1391.
Reaching this price zone will mark the end of the impulsive phase and may signal the beginning of the corrective phase. Please note that if the market reverses now and breaks below 1.1035, this setup will be invalidated. If you’re currently holding a buy trade, simply move the stop loss to breakeven.
Origin: FreshForex
