Euro is rising in the short-term uptrend and approaching the primary upside target at the high of December 5. After the high of December 5 is broken through, the price should consolidate above the Target Zone 1.0715 – 1.0699.
If the price doesn’t consolidate above the high of December 5, it will be corrected down. In this case, one should rearrange the strong support levels and expect the price to reach these levels. One could consider entering new buy trades at the new support levels.
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.
