Hello traders, as predicted a couple of days ago in my EUR/USD idea, the resistance level of 1.0875 worked well and price fell massively after inflation data from the US came out.
Currently, EUR/USD finds itself back in the support region. As the support zone has not broken yet, I have bought EUR/USD already. I recommend traders to buy EUR/USD@1.0710-1.0740 with stop loss below the 1.0680 level and TP at 1.0840, 1.09 provided the support region remains unbroken.
Use proper money management, we have another important day coming up with lots of news releases.
Currently, EUR/USD finds itself back in the support region. As the support zone has not broken yet, I have bought EUR/USD already. I recommend traders to buy EUR/USD@1.0710-1.0740 with stop loss below the 1.0680 level and TP at 1.0840, 1.09 provided the support region remains unbroken.
Use proper money management, we have another important day coming up with lots of news releases.
Trade active
Bought@ 1.0735Note
Trade moves in 12 pips profitNote
Support zone still holding my fellow buyers, we may actually win this :DNote
Added more buys at 1.0701
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Related publications
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.