Wait | 24 Enero 2020

24 Enero 2020, EUR/USD

Wait

Technical observation

Yesterday price penetrated below the trend line indicated on the daily chart above with a big red candle and is currently rallying below it. I expect a retracement to the just broken line followed by a rejection at it for possible bearish movements of EUR towards the supportive level.1.0992. Sell EUR at the trend line shown on the daily chart above after a retracement to it with your take profit at 1.0992 and stop loss at 1.1135. If price hits the level 1.0992 and there is a clear breach below it, wait for a correction to it and a rejection confirming further downwards movement of price before you sell EUR.

Trade recommendation

Wait for a correction to sell EUR.

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