The EURUSD traders are trying to turn the short-term trend up via the consolidation above the Intermediary Zone 1.0213 – 1.0202. If the uptrend starts, the upside target will be the Target Zone 1.0329 – 1.0308. In this case, expect a correction and enter long trades at strong support levels.
If the price rolls down below level 1.0202, the trend will remain down. In this case, it will be relevant to enter short trades with a target at the low of July 29.
EURUSD trading ideas for today:
Monitor the market.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.
