The euro price rose again to the zone of favorable sell prices 1.1031 – 1.1020. As long as this zone holds, the trend remains down. So, today it is profitable to consider short trades with the first target at March 22 low and with the second target in the lower Target Zone 1.0945 – 1.0926.
An alternative buy option will work out if the price rises and breaks out level 1.1066. In this case, the trend will reverse up, and the upper Target Zone 1.1172 – 1.1152 will become the target for purchases.
EURUSD trading ideas for today:
Hold down sales entered in the zone of 1.1031 – 1.1020.
TakeProfit: 1.0980, Target Zone 1.0945 – 1.0926.
StopLoss: 1.1048.
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.
