Sell a bounce within 1.1750-1.1713 | 25 Septiembre 2020

25 Septiembre 2020, EUR/USD

Sell a bounce within 1.1750-1.1713

Technical observation

EUR is retracing to the resistance zone 1.1750-1.1713, I expect a bounce of this upwards movements within the above-mentioned zone confirming possible bearish rally towards the supportive line 1.1453. My advice, wait for a rejection of price within the zone 1.1750-1.1713 to sell EUR with your take profit at 1.453 and stop loss at 1.1847. In case of a break below the line 1.1453 with a big red candle, wait for correction to it and a bounce to confirm further bearish rally of price before you continue short towards the lower supportive zone marked at 1.1150-1.1131 or level lower to the key levels 1.0897 and 1.660.

Trade recommendation

Sell a bounce within 1.1750-1.1713 with your take profit at 1.1453.

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