11 Abril 2023, EUR/USD
Technical observation
On the 4 hour chart above, the price is trading with an increasing bullish bias between the supportive zone 1.0778-1.0789 and a resistance level 1.1034, I expect a loss of this upwards movement followed by a correction to the zone I have mentioned above and my advice is, remain neutral and wait for a pullback to the zone 1.0778-1.0789 then buy a bounce within it with your take profit at 1.1034 and stop-loss at 1.0712. If there is a clear break above the level 1.1034, I expect the value of EUR to rally further to the upper side; on the other hand, in case of a break below the zone 1.0778-1.0789, I anticipate possible bearish movements of price.
Trade recommendation
Remain flat.
en 
id 
ar 
ru 
vn 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 