21 January 2021, EUR/USD
Technical observation
On the daily chart above, price retraced to a supportive level 1.2076 but did not break below it. It bounced at the line and is currently trading with an increasing bullish bias. I expect this upwards movement to continue to the resistance line 1.2357 followed by either a clear breakout above it with a big green candle, or a bounce at it followed by a pullback to the supportive level 1.2076. f you bought EUR at the line 1.2076 after a bounce, remain short with your take profit at 1.2357 and stop loss at 1.1918. I can only recommend bearish positions in case of a clear penetration below the line 1.2076 with a big red candle.
Trade recommendation
Remain long with your take profit at 1.2357.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from January 18 to 29, 2021.
2. Send a request to school@freshforex.com with your account number funded.
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 