Euro / U.S. Dollar
Long
Updated

Is there any correction for EUR/USD?

204
🔔🔔🔔EUR/USD news:

➡️ EUR/USD regained momentum and surpassed 1.1300 in the European session on Friday. The currency remained supported amid easing US-EU trade tensions and a weaker US dollar. Tariff talks will be closely watched along with Lagarde's speech and US data.

Personal opinion:
➡️ EUR/USD RSI entered the overbought zone and showed signs of divergence. This is likely to be a time for buyers to take profits.

➡️ Look at technical recovery zones to make good profits for you

➡️ Analyze based on important resistance - support and Fibonacci levels combined with EMA and RSI to come up with a suitable strategy

Plan:

🔆Price Zone Setup:

👉Buy EUR/USD 1.1210 – 1.1220
❌SL: 1.1170| ✅TP: 1.1280

👉Sell EUR/USD 1.1460 – 1.1470
❌SL: 1.1510| ✅TP: 1.1410 – 1.1350

FM wishes you a successful trading day 💰💰💰
Note
Hit + 35 pips from sell 1.1470
Note
Hit + 50 pips from sell 1.1470
Trade active
check EUR/USD
Hit + 150 pips from sell 1.1470
Big profit for everyone
congratulation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.