FX.co ★ Trading idea for EUR/USD

Trading idea for EUR/USD

Trading idea for EUR/USD

As expected, EUR / USD traded upwards, heading towards 1.21900, which is near the round level of 1.22

See also: InstaForex is one of the leaders in the Forex market, 12 years on the market, more than 7,000,000 active clients
Trading idea for EUR/USD

Of course, this trapped sellers around 1.21900, which means that it is not a good idea to open short positions, at least until the quote falsely breaks through 1.22.

This plan follows the Price Action and Stop Hunting strategies.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account