Remain neutral temporarily. | 13 Desember 2022

13 Desember 2022, EUR/USD

Remain neutral temporarily.

Technical observation

On the weekly chart above price is trading with an increasing bullish bias slightly below the resistance zone 1.759-1.0696, this upwards movement is a correction to the zone indicated above and I expect a bounce within it followed by a momentum to the lower side. My advice, remain neutral and wait for a correction to the zone indicated above then sell a bounce within it with your take profit at 0.9532 and stop-loss at 1.1186. In case of a break below the level 0.9532, you can expect the value of this pair to surge further to the lower side, and if there is a break above the zone 1.759-1.0696, I expect possible further bullish movements of price.

Trade recommendation

Remain neutral temporarily.

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