21 tháng Ba 2023, EUR/USD
Technical observation
On the daily chart above the price is trading with an increasing bullish bias slightly below the resistance zone 1.0822-1.0780 and I expect a continuation of this upwards movement to the same zone followed by a rejection within it. My advice, remain flat temporarily and wait for a pull back to the zone I have mentioned above then sell a bounce within it with your take profit at 1.0077 and stop-loss at 1.1063. In case of a penetration below the level 1.0077 with a big red candle, I expect the value of this pair to plummet further towards the supportive level 0.9532 or lower after a correction and a rejection at the broken line.
Trade recommendation
Remain neutral temporarily.
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