Today, the short-term euro trend reversed down. Now the target for sales is the lower Target Zone 1.0945 – 1.0926.
The chart shows the mirror level of 1.1031 – 1.1020, in which it is possible to enter sales with the first target around today’s low.
If the price returns to this level and consolidates above, then expect it in the trend’s key resistance zone. Consider sales with the target in the Target Zone 1.0945 – 1.0926 in the beforementioned trend’s key resistance.
Do not consider euro purchases at the moment.
EURUSD trading ideas for today:
Sell from the zone of 1.1031 – 1.1020.
TakeProfit: 1.0980, Target Zone 1.0945 – 1.0926.
StopLoss: 1.1054.
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.
