EUR/USD: TRADING RECOMMENDATIONS – Analytics & Forecasts – 13 April 2021

WazirX Referral Program Refer and earn 50% commission of every trade. Be your own Boss! Buy & sell Crypto in minutes Join the world's largest crypto exchange Register at Binance

EUR/USD: TRADING RECOMMENDATIONS – Analytics & Forecasts – 13 April 2021


If the yield on US government bonds resumes growth, the dollar will continue to strengthen

(see “Fundamental Analysis and Market Expectations”)

, and in this case EUR / USD will go down to the support levels of 1.1861, 1.1835. A break of the support level of 1.1550 will increase the risks of a resumption of the long-term bearish trend in EUR / USD.

Support levels: 1.1861, 1.1835, 1.1780, 1.1710, 1.1600, 1.1550

Resistance levels: 1.1900, 1.1930, 1.1990, 1.2055, 1.2100, 1.2180, 1.2270, 1.2340, 1.2555, 1.2580, 1.2600

 

Trading Recommendations

Sell by market, Sell Stop 1.1880. Stop-Loss 1.1935. Take-Profit 1.1861, 1.1835, 1.1780, 1.1710, 1.1600, 1.1550

Buy Stop 1.1935. Stop-Loss 1.1880. Take-Profit 1.1990, 1.2055, 1.2100, 1.2180, 1.2270, 1.2340, 1.2555, 1.2580, 1.2600

*)  for trading, I choose      THIS BROKER and use      VPS (to receive a bonus, enter the promo code – zomro_17601)

**) EUR/USD:  Current Fundamental Analysis and Market Expectations

***) the most up-to-date “hot” analytics and trading recommendations (including entries into trades “by-the-market”) – https://t.me/fxrealtrading

***) trade! invite partners! earn!



Source link

Register at Binance