FX.co ★ Tips for trading EUR/USD

EUR/USD fell during yesterday's European and US trading sessions. Even so, the price did not go beyond Wednesday's low, leaving traders an interesting area for taking profit from short positions.

Consider short positions from the breakdown and current quotes, then set stop loss at 1.0969. Take profit upon the breakdown of 1.08450.

The trading plan followed the framework of the "Price Action" and "Stop Hunting" strategies.

Good luck in trading and don't forget to control the risks! Have a nice day.