Yesterday, the euro price corrected in the zone of good buy prices 1.1286 – 1.1233. Today the price left this zone and reached the first buy target, the level of 1.1325. The next target for purchases is the upper Target Zone 1.1379 – 1.1362. According to yesterday’s article, I recommend moving open trades to breakeven.
It is reasonable to consider new long euro trades on a corrective decline with a target in the upper Target Zone 1.1379 – 1.1362.
To reverse the trend and enter sales, it is required to break out yesterday’s low and consolidate the price below.
EURUSD trading ideas for today:
Hold up a part of purchases entered in the zone of 1.1286 – 1.1233.
TakeProfit: Target Zone 1.1379 – 1.1362.
StopLoss: at the breakeven.
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