06 мая 2020, EUR/USD
Technical observation
Following its rejection within the resistance zone 1.0987-1.0974, Euro has been rallying with an increasing bearish momentum and I expect this movement to continue to the supportive level 1.0754. If you sold this pair within the above-mentioned zone after a rejection, remain short with your take profit at 1.0754 and stop loss at 1.1077. In case price penetrates below the level 1.0754 with a big red candle, wait for correction to the just broken line and a rejection at it to confirm further bearish price movements before you continue short with EUR towards the lower supportive level 1.0635.
Trade recommendation
Remain short with your take profit at 1.0754.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 