EURUSD Trading Idea
Price came back above the support level and moved higher. We can think about buying with profit targets at downtrend lines. Stop orders must be placed below 1.0500 or the swing low. If price returns to the support level, it will be a good entry level for new long trades. Short trades can be opened only after price reversal from the downtrend lines with stop above them and profit target at the support level.
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