EURUSD – Upward momentum development continues to be an option

13.11.2023

The expected growth did not happen again. The price has only cautiously entered the position from which it is possible to try to grow impulsively. The situation remains the same. The development of the third impulse wave is expected, inside another wave iii, which indicates the lengthening of the expected wave structure.

The growth in this case promises to be quite long. It is still recommended to open buy trades in this situation on the renewal of the current local maximum.

Activation of this signal is expected during the current trading week.

Recommendations: Buy 1.0755, SL 1.0715, TP 1.1000.