We are flat | 02 Maret 2022

02 Maret 2022, EUR/USD

We are flat

Technical observation

Yesterday EUR did not rise ad I had expected, instead it declined with a big red candle however it could not break below the supportive level 1.1120 and as long as price is sustained above this zone there is a probability of a rally towards the resistance zone it established at 1.1483-1.1461. My advice, remain neutral with the pair above and wait for a correction to the zone I have mentioned previously then sell a bounce within it with your take profit at 1.1120 and stop-loss at 1.1593. In case of a penetration below the level 1.1120 with a big red candle, I expect a possible surge to the lower side after a correction to the broken line.

Trade recommendation

Remain neutral.

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