Remain flat | 24 Januari 2023

24 Januari 2023, EUR/USD

Remain flat

Technical observation

On the chart above price did not bounce within the zone 1.0832-1.0740 but instead rose above it and currently it is trading with an increasing bullish bias above the same zone. This week I expect a continuation of this upwards movement and for the price to close bullish, I also anticipate a correction to the zone I have mentioned above followed by a rejection within it however, I recommend that you remain neutral and wait for a second correction to the zone before you pick bullish positions with your take profit at 1.2258 and stop-loss at 1.0445. If there is a clear break above the level 1.2258, I expect the value of EUR to ascend towards the level 1.5013.

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