We are bearish | 23 Junio 2023

23 Junio 2023, EUR/USD

We are bearish

Technical observation

On the chart above the price is trading with an increasing bearish bias below resistance zone 1.1048-1.1015 and today I expect a further surge to the lower side. My advice, if you sold EUR within the zone indicated above; remain short with your take profit at 1.0319 and stop-loss at 1.1309. If there is a clear break below the level 1.0319, wait for a correction to the broken line and a bounce at it before you continue short towards the supportive level 0.9533 or lower. As it is on the chart above, I can only recommend bullish positions above the zone 1.1048-1.1015 towards the resistance level 1.1679 and 1.2353.

Trade recommendation

Remain short with your take profit at 1.0319.

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.