Wait | 28 Septiembre 2020

28 Septiembre 2020, EUR/USD

Wait

Technical observation

EUR is pulling back to a zone 1.1735-1.1715 it recently broke below with a big red candle. I expect a rejection of price within the same zone for possible bearish price movements towards the supportive level 1.1453. In case there is a clear break below the line 1.1453 with a big red candle, you can anticipate further bearish price rally towards the supportive zone 1.1150-1.1131 after a correction to the broken line, or even lower to the supportive line 1.0793. My advice, wait for a correction to the zone 1.1735-1.1715 and a bounce within it to sell EUR with your take profit at 1.1453 and stop loss at 1.1845.

Trade recommendation

Wait for a correction to 1.1735-1.1715 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.