FX.co ★ Trading idea for the EUR/USD pair

As instructed on the scheme yesterday, EUR/USD passed the low, after which it underwent a pullback during today's Asian session.

In fact, the quote has the same wave pattern, but with slightly different extremes, as shown in the screenshot above.

Of course, the target profit is still the level of 1.17:

Thus, the priority is to bring the quote to the round level of 1.18, but if it rises even further and passes the level of 1.19500, it is best to close positions so as not to lose profit.

This follows the classic Price Action and Stop Hunting strategies.

Good luck!