We're flat | 20 Enero 2021

20 Enero 2021, EUR/USD

We're flat

Technical observation

On the chart above, price has been rising steadily towards the resistance zone it established around 1.2171-1.2160; I expect a loss of this bearish movement within the zine for a rally to the lower side. My advice, remain flat and wait for a retracement to the zone mentioned above and a rejection within it to sell EUR with your take profit at 1.2054 and stop loss at 1.2219. On your way downwards the key levels to look for include; 1.1898, 1.1757 and the lower supportive level 1.1616. In case of a clear breakout above the zone 1.2171-1.2160 with a big green candle, you can anticipate a rally to the upper side.

Trade recommendation

Remain neutral.

One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from January 18 to 29, 2021.
2. Send a request to school@freshforex.com with your account number funded.

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