Trading Plan EURUSD
The main plan: buy EURUSD from the zone: 1.1420 - 1.1450 with the target of 1.1560.
The reasons:
The obvious initiative of buyers.
EURUSD rate went up to the flat top border: 1.1500.
Probability: 60% (average)
Reserve plan: sell EURUSD in the zone: 1.1380 - 1.1400 with the target of 1.1300.
The reasons:
If there is an initiative of sellers.
There is a possibility of continuing the movement of the EURUSD rate in the same corridor: 1.1300 - 1.1500.
Probability: 40% (average)
The reasons:
The obvious initiative of buyers.
EURUSD rate went up to the flat top border: 1.1500.
Probability: 60% (average)
Reserve plan: sell EURUSD in the zone: 1.1380 - 1.1400 with the target of 1.1300.
The reasons:
If there is an initiative of sellers.
There is a possibility of continuing the movement of the EURUSD rate in the same corridor: 1.1300 - 1.1500.
Probability: 40% (average)
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.