Remain short | 27 Junio 2023

27 Junio 2023, EUR/USD

Technical observation

On the chart above the price is trading with an increasing bearish bias below the resistance zone 1.1053-1.0994 and as long as it is sustained below this zone I expect a further surge to the lower side. If you sold this pair within the zone indicated above, remain in the trade with your take profit at 0.9532 and stop-loss at 1.1458, should there be a clear break below the level 0.9532, wait for a correction and a rejection at it before you continue short with this pair, on the weekly chart above, I can only recommend bullish positions in case of a clear penetration above the resistance zone 1.1053-1.0994.

Trade recommendation

Remain short with your take profit at 0.9532.

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.