Wait | 11 Februari 2022

11 Februari 2022, EUR/USD

Wait

Technical observation

This week EUR has been retracing to the zone 1.1413-1.1375 it had previously risen above and I expect a loss of this bearish rally within the same followed by a surge towards the resistance level 1.1881, however, I would advise that you wait for a second retracement to the same zone then pick long positions within it after a bounce. If this pair is not sustained above 1.1413-1.1375 but clearly breaks below it with a big red candle, you can expect price to plummet towards the supportive level 1.0697 after a correction to the broken zone. On the other hand in case of a clear break above the level 1.1881, I expect a rally towards 1.2457.

Trade recommendation

Remain flat.

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