30 March 2023, EUR/USD
Technical observation
On the daily chart above, EUR is trading with an increasing bullish bias below the resistance zone it established at 1.0908-1.0863 and I expect a possible rejection within the same zone followed by a momentum to the lower side. My advice, remain neutral temporarily and sell a bounce within the zone indicated above with your take profit at the key level 1.0240 and stop-loss at 1.1162. In case of a clear break below the line 1.0240 with a big red candle, wait for a pullback to the broken line and a rejection at it before you continue short with this pair towards the lower supportive level 0.9533 or lower.
Trade recommendation
Remain neutral temporarily.
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 