We're flat | 13 Septiembre 2021

13 Septiembre 2021, EUR/USD

Technical observation

Last week EUR went down with a big red candle and is still showing signs of more bearish moments this week. The anticipated movement to the lower side is a correction to the supportive zone 1.1750-1.1703 and I expect a rejection within it to re-buy EUR with my take profit at 1.2248 and stop loss at 1.1494. As long as price is contained above the zone 1.1750-1.1703, i can only recommend bullish positions for this pair, however, in case there is a clear breakout below the same zone with a big red candle I expect a retracement to the just broken line followed by a bounce within it to pick short positions with my take profit at 1.0826.

Trade recommendation

Remain flat.

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