pick your profits at 1.2248 | 28 Abril 2021

28 Abril 2021, EUR/USD

pick your profits at 1.2248

Technical observation

Last week EUR closed bullish below a resistance level 1.2248, I expect a continuation of this upwards movement to the level mentioned above followed by a possible penetration above it with a big green candle, or a bounce at it followed by a another pullback to the supportive zone 1.1596-1.1550. If you are currently long with this pair, pick your profits at the line 1.2248, however, if you are neutral, remain so and wait for either another retracement to the zone mentioned above, or a clear penetration above the line 1.2248 to buy this pair. As long a price is contained above the zone 1.1596-1.1550, I can only recommend bullish positions.

Trade recommendation

Remain long and pick your profits at 1.2248.

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.