We're short for now | 14 September 2023
14 September 2023, EUR/USD
EURUSD is still very bearish. The price has been rejected at a major resistance zone, specifically at 1.0762, just as we predicted in our previous analysis on 13/9/2023. If the price breaks and closes above this resistance zone, it will invalidate this setup. We expect the price to drop, at least down to 1.0633. If you currently have a sell trade open, I highly recommend moving the stop loss to breakeven to lock in profits, as the price is almost reaching our target. You can now consider entering a short position with a profit target at 1.0605.
Trade Recommendations:
We're short for now
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
