FX.co ★ Tips for trading EUR/USD

EUR/USD bouncing back to the breakdown area after a downward movement gives market players a chance to open short positions at very good prices.

Sell euro and work for a pullback towards the breakdown area. Then, set stop-loss at 1.08765, and take profit upon the breakdown of 1.08414, 1.08382, and 1.08251.

The trading idea follows 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.