Remain short towards 1.0666. | 15 Junio 2023

15 Junio 2023, EUR/USD

Technical observation

On the chart above the price retraced to a resistance zone it established at 1.0870-1.0861 but could not break above it, instead it bounced within the same zone and since then it has been trading with an increasing bearish bias, today I expect the value of this pair to descend further and in case you are holding short positions, I recommend you remain in the trade with your take profit at 1.0666 and stop-loss at 1.0908. If the price breaks below the level 1.0666 with a big red candle, wait for a correction to the broken line and a bounce at it before you continue short with this pair.

Trade recommendation

Remain short with your take profit at 1.0666.

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.