We’re short with our take profit at 1.0985 | 23 Desember 2019

23 Desember 2019, EUR/USD

We’re short with our take profit at 1.0985

Technical Observation

EURUSD is currently in a active up trend. Few days ago, EURUSD bounced off from the Untested resistance zone 1.1145-1.1185. Following this bounce EURUSD has been in an active downtrend and is still showing signs of continuing even lower, we took a sell following this bounce and is still holding onto a sellers perspective, we expect the current sell position to continue and should break below the verified resistance support 1.0985. If you’re not short already, you could wait for a break below 1.0985 to pick a sell towards 1.0905.
Trade Recommendations:
We’re short with our take profit at 1.0985
Imelda Maseno
Analyst of «FreshForex» company
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