We are neutral | 11 January 2023

11 January 2023, EUR/USD

Technical observation

On the chart above price is trading with an increasing bullish bias slightly above the supportive zone 1.0410-1.0367 and today I expect either a continuation of this upwards movement to the key level 1.1123, or a loss of this bullish movements followed by a correction to the zone I have mentioned above. In case of a rise to the level 1.1123, wait for a rejection of price at it and a pullback to the zone 1.0410-1.0367 to buy EUR with your take profit at 1.1123 and stop-loss at 1.0119. Should there be clear break above the level 1.1123, I expect the value of this pair to ascend further towards the upper levels 1.1679 and 1.2353.

Trade recommendation

Remain neutral.

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus