Remain short | 29 Desember 2021

29 Desember 2021, EUR/USD

Remain short

Technical observation

On the daily chart above price retraced to the resistance zone 1.1327-1.1345 but could not break above it, instead it was rejected below the same zone and since then it has been trading with an increasing bearish bias. I expect further rally to the supportive level 1.0992 followed by a clear breakout below it with a big red candle and a further surge towards the level 1.0640. If you sold EUR within the zone mentioned above after a bounce, I would advise you remain short with your take profit at 1.0992 and stop loss at 1.1449. As it is on the chart above, I can only recommend bullish positions in case of a clear break above the zone 1.1327-1.1345.

Trade recommendation

Remain short with your take profit at 1.0992.

Imelda Maseno
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus