We're short towards 1.1249 | 21 Febrero 2019

21 Febrero 2019, EUR/USD

We're short towards 1.1249

Technical observation

Yesterday EUR spiked upwards penetrating above the resistance zone 1.1355-1.1348, it could not be contained above the zone and ended up breaking below it.Right now it is trading on an increasing bullish bias and I expect a loss of this movement within the zone for bearish price rally towards 1.1249.You can sell this pair within 1.1355-1.1348 with your take profit at 1.1249 and stop loss at 1.1388.Should EUR breach above 1.1355-1.1348 with a big green candle, wait for a correction to the just broken zone and a bounce within it confirming possible upwards momentum before you pick long positions with your take profit at 1.1499.

Trade recommendation

Sell EUR within 1.1355-1.1348 with your take profit at 1.1249 and stop loss at 1.1388.

Imelda Maseno
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus