FX.co ★ Trading idea for EUR/USD pair

Good afternoon, dear traders! I present to you the trading idea for the EUR/USD pair.

As part of the "hunting for the feet" method, it is suggested to hunt for the bright extremes of the last two weeks, that is, the quote of 1.13500.

The idea is based on a general weakening of the US dollar against all currencies. From a technical point of view, this is actually the A-B-C structure that is already familiar to you, where wave A is the initiative of the last two days.

Considering that the US currency gives a better price, you need to use it. At the same time, the profitability of the transaction will be higher.

Have a successful trading and control the risks!