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02.01.2024 02:26 PM
Tips for trading EUR/USD

EUR/USD plummeted, approaching the breakdown area of December 21st. Market players can take advantage of this to work for a rebound.

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Open long positions and set stop-loss at 1.09356. Take profit upon the breakdown of 1.10140.

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.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
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