Wait for a possible buy from 1.19258 towards 1.23400. | 02 Marzo 2021

02 Marzo 2021, EUR/USD

Wait for a possible buy from 1.19258 towards 1.23400.

Technical Observation

Eurusd is currently below a supportive trendine. If the price can break close below this level, then I will be expecting further momentum to the lowerside but should not go beyond 1.19258. A break and close below this level will mean we are continuing to the lowerside with the next ideal target set at 1.16500. A break below this level may culminate into a surge much lower with the next ideal target set at 1.08840. A rebound from 1.19258 will give us a good place to consider a possible buy position.

Trade Recommendations:

Wait for a possible buy from 1.19258 towards 1.23400.

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.