Forex: Euro To US Dollar (EUR/USD) – Trading Tips

Forex: Euro To US Dollar (EUR/USD) – Trading Tips

Relevance up to 09:00 2022-07-19 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Forex: Euro To US Dollar (EUR/USD) – Trading Tips - 1

Friday's trading plan projected an increase in EUR/USD quotes. Plan:

Forex: Euro To US Dollar (EUR/USD) – Trading Tips - 2

Unsurprisingly, the pair closed higher last week, then hit the important level of 1.01200 during today's European session. Development:

Forex: Euro To US Dollar (EUR/USD) – Trading Tips - 3

Huge congratulations to those who followed the strategy! Euro moved by as much as 1,000 pips. It is best to close 2/3 of the positions at current prices and leave 1/3 for the next target at 1.02. The trading idea was based on the "Price Action" and "Stop Hunting" methods. Good luck and have a nice day!

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InstaForex Analysis

InstaForex Analysis

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