FX.co ★ Trading tips for EUR/USD

EUR/USD halted ahead of the release of the US inflation report for November. This disrupted the bullish momentum, keeping the pair at 1.0555. Going below this level will signal a price decline.

If the trend is really broken, traders should take short positions, following this plan.

The downside potential is much more pronounced in this strategy.

This trading idea is based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.