25 Februari 2021, EUR/USD
Technical observation
On the daily chart above, price is trading with an increasing bullish momentum between a supportive zone 1.1964-1.1938 and a resistance line 1.2328.I expect the value of this pair to either decline to the zone mention above and bounce within it to buy EUR, or rise and penetrate above the key line 1.2328. In case of a rally to the zone 1.1964-1.1938, buy EUR within it after a bounce with your take profit at 1.2328 and stop loss at 1.1743. In case of a clear breakout above the line 1.2328, wait for a pullback to it and a bounce confirming bullish movements of price before you pick long positions.
Trade recommendation
Remain neutral.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from February 1 to 26, 2021.
2. Send a request to [email protected] with your account number funded.
en 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 