We are short towards 0.0359 | 20 Junio 2022

20 Junio 2022, EUR/USD

We are short towards 0.0359

Technical observation

Since it bounced within the zone 1.0583-1.0595 EUR has been trading with an increasing bearish bias and I expect a continuation of this downwards movement to the supportive level 1.0359 followed by either a clear break below it with a big red candle, or a rejection at it followed by another correction to the zone 1.0583-1.0595. My advice, if you are currently holding short positions with the pair above, remain in the trade with your take profit at 1.0359 and stop-loss at 1.0670. Continue short in case of a clear break below the level 1.0359. I can only recommend bullish positions in case of a clear break above the zone 1.0583-1.0595.

Trade recommendation

Remain short with your take profit at 0.0359.

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