On the 4-hour chart we can see that our pair draws the second shoulder of the "head and shoulders" figures, having found the resistance level at 1.2450.
At this point, the pair turned and moved down. Therefore, we expect the price to reach the level of 1.2240. We advice to set a take-profit at this level.
The data released today from Germany and Italy seemed worse than expected. Therefore, a turn before reaching the price of our mark is unlikely.
At this point, the pair turned and moved down. Therefore, we expect the price to reach the level of 1.2240. We advice to set a take-profit at this level.
The data released today from Germany and Italy seemed worse than expected. Therefore, a turn before reaching the price of our mark is unlikely.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.