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Yesterday, important news was released and the EUR/USD pair continued its upward movement. The main support, Weekly Control Zone 1/2 1.1581-1.1573, withstood, so a strong upward impulse became a logical exit from the local accumulation zone.
Now, the pair is testing the weekly control zone, which increases the probability of a downward correction. There is a 75% probability that the main target WCZ 1.1717-1.1700 will be reached. This test is likely to happen next week.
The current main task is to keep the purchase opened when testing the WCZ 1/2. The reduction can also be used to re-purchase the instrument. Favorable prices are within the limits of the Weekly Control Zone 1/4 1.1648-1.1644, which coincides with the level of the market maker last week.
The daily candlestick on Thursday is an absorption pattern, so the probability of retesting its high is 80%. In addition, there is an incomplete cycle of upward movement, so we get a priority direction for trading for the next 2-3 days.
It is not profitable to sell the instrument right now in the market and it is better to concentrate on trading upwards.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
