We are flat | 21 Desember 2022

21 Desember 2022, EUR/USD

Technical observation

On the chart above, price broke above the zone 1.0410-1.0367and it is currently trading above it with an increasing bullish bias. My expectation is a loss of this upwards movement followed by a correction to the zone mentioned above and a possible bounce within it. My advice, remain flat and wait for a correction to the zone I have indicated above then buy a bounce within it with your take profit at 1.1123 and stop-loss at 1.0076. In case of a clear break above the level 1.1123 with a big green candle, I expect the value of this pair to plummet further to the upper side towards the resistance levels 1.1679 and 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.