Remain flat. | 02 Desember 2022

02 Desember 2022, EUR/USD

Remain flat.

Technical observation

On the chart above, price did not bounce within the zone 1.0410-1.0367 but instead it rose above it with a big green candle and it I still trading above this zone with an increasing bullish bias. Next week I expect a loss of this upwards movement followed by a correction to the zone I have mentioned above and a possible bounce within it, my advice you remain neutral and wait for a second correction to this zone to buy EUR with your take profit at 1.1123 and stop-loss at 1.0095. If there is a clear break above the level 1.1123, I expect the value of EUR or ascend further towards the upper resistance level 1.1679 or even higher to 1.2353.

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