We are short | 13 Noviembre 2023

13 Noviembre 2023, EUR/USD

We are short

Technical observation

EUR retraced to the resistance zone 1.0765-1.0751 then bounced within and since then it has been trading with an increasing bearish bias, today I expect a further surge to the lower side and in case you are already holding bearish positions, I recommend that you remain in the trade with your take profit at 1.0522 and stop-loss at 1.0848. If there is a clear break below the level 1.0461, wait for a retracement to this level and a bounce at it before you continue short towards the level 1.0087. On the chart above, if the price is sustained below the zone 1.0765-1.0751, I can only recommend short positions.

Trade recommendation

Remain short with your take profit 1.0522.

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.