FX.co ★ berta.hill | EUR/USD
EUR/USD
Hello traders, who are trying to trade the currency pair EURUSD. I am analyzing the 15-minute chart and considering selling. The current price of 1.17143 is not ideal for this approach yet. Primarily, I will focus on limit sells from the level of 1.17384. There is also a weaker level at 1.17244, but it doesn't quite fit my strategy. To limit losses, I will use the level of 1.17444 as a stop loss. If the situation develops favorably, I will move the trade to breakeven, keeping an eye on the Parabolic SAR and the MACD indicator. If all goes well, the level of 1.16794 seems suitable for taking profit. These are roughly my thoughts for today on EURUSD.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade