We are neutral. | 09 Desember 2022

09 Desember 2022, EUR/USD

We are neutral.

Technical observation

On the chart above price rose towards the resistance level 1.0594 and it is currently trading below it with an increasing bullish bias. I expect a rally to this level followed by either a rejection at it or a clear break above it with a big green candle. My advice, if price is rejected at the level 1.0595, wait for a pullback to the zone 1.0456-1.0449 then buy a bounce within it with your take profit at 1.0594 and stop-loss at 1.0404, on the other hand, in case of a clear break above 1.0594, wait for a pullback to it before you pick bullish positions. As it is on the chart above, I can only recommend short positions in case of a break below the zone 1.0456-1.0449.

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