We're long | 10 Septiembre 2021

10 Septiembre 2021, EUR/USD

We're long

Technical observation

EUR has been trading with an increasing bearish bias since the beginning of this week and my expectation is for it to close bearish however, next week I expect I expect a loss of this mini retracement followed by a momentum to the upper side. My advice, if you bought EUR within the supportive zone 1.1750-1.1703 after a bounce, remain long with your take profit at 1.2248 and stop loss at 1.1498. In case of a clear break above the level 1.2248 with a big green candle, I expect a further surge to the upper side after a correction to the just broken line. On the weekly chart above, I can only recommend short positions below the zone 1.1750-1.1703.

Trade recommendation

Remain long with your take profit 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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus