We're long towards 1.2009 | 13 Noviembre 2020

13 Noviembre 2020, EUR/USD

We're long towards 1.2009

Technical observation

EUR did not penetrate below the zone 1.1744-1.1715 instead, yesterday’s candle closed bullish and I still expect a further rise in the value of this pair today. If you bought EUR within the above mentioned zone after a bounce and is currently long, remain in the trade with your take profit at 1.2009 and stop loss at 1.1607. Should there be a clear above the line 1.2009 with a big green candle, wait for a pullback to the just broken and a bounce at it confirming a further rise in price before you continue long with this pair. Short positions can only be recommended below the zone 1.1744-1.1715.

Trade recommendation

Remain long with your take profit at 1.2009.

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.