We are bearish towards 1.0326. | 27 Maret 2023

27 Maret 2023, EUR/USD

We are bearish towards 1.0326.

Technical observation

On the daily chart above the price retraced to the resistance zone 1.0991-1.0934 then bounced within it and since then it has been trading with an increasing bearish bias, today I expect a continuation of this downwards movement and in case you are currently holding short positions with this pair, I recommend that you remain in the trade with your take profit at 1.0326 and stop-loss at 1.1245. In case of a penetration below the level 1.0326 with a big red candle, you can wait for a pullback to the broken line and a rejection at it before you continue short with this pair towards the supportive level 0.9590 or lower.

Trade recommendation

Remain short with your take profit at 1.0326.

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.