13 Tháng bảy 2020, EUR/USD
Technical observation
EUR is trading with an increasing bullish momentum below a resistance zone 1.1460-1.1404. My expectation is a rejection of this bullish momentum within the above-mentioned zone for bearish price rally towards the supportive level 1.0815. My advice, remain flat temporarily and wait for a bounce within the zone 1.1460-1.1404 to sell this pair with your take profit at 1.0815 and stop loss at 1.1753. In case there is no rejection within the zone 1.1460-1.1404 but a clear breakout above it with a big green candle, wait for a correction to the just broken zone and a bounce before you pick long positions towards 1.2455.
Trade recommendation
Remain flat temporarily.