26 January 2021, EUR/USD
Technical observation
On the daily chart above, price is trading with an increasing bearish momentum between a supportive line 1.1964 and a resistance level 1.2332. My expectation is either a decline to the supportive level mentioned above followed by a rejection at it or, a rally to the upper side followed by a breakout above the line 1.2332 with a big green candle. In case of a decline to the line 1.1964, buy a bounce at it with your take profit at 1.2332 and stop loss at 1.1773 and in case of a break above the line 1.2332, wait for a pullback to it before you pick long positions. I can only recommend bearish positions below 1.1964.
Trade recommendation
Remain flat.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
1. Fund your trading account with $50 or more from January 18 to 29, 2021.
2. Send a request to school@freshforex.com with your account number funded.
en 
id 
ar 
ru 
vn 
es 
pt 
kz 
ua 
tj 
uz 
az 
ms 