Remain short with your take profit at 0.9532. | 18 Januari 2023

18 Januari 2023, EUR/USD

Remain short with your take profit at 0.9532.

Technical observation

On the chart above price pulled back to the resistance zone it established at 1.0832-1.0740 but did not break above it, instead it bounced within the same zone and this week it opened bearish. As long as this pair is sustained below the zone I have indicated above, I expect a continuation of this bearish movement and in case you already picked short positions, I recommend that you remain in the trade with your take profit at 0.9532 and stop-loss at 1.1192. If there is a clear break below the level 0.9532 with a big red candle, I expect a further surge to the lower side after a pullback and a bounce at the broken line.

Trade recommendation

Remain short with your take profit at 0.9532.

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