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FX.co ★ EUR/USD - working out the first goal

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Forex Analysis:::2020-03-17T11:31:02

EUR/USD - working out the first goal

 EUR/USD - working out the first goal

Good day, dear traders! Congratulations to those who followed our recommendation yesterday to buy the EUR/USD pair in the European session: /en/analysis/246981

Let me remind you that the idea was to work out the first goal within the "stop hunting" strategy, updating the stop level of sellers at 1.12258.

Plan:

 EUR/USD - working out the first goal

Adjustment:

 EUR/USD - working out the first goal

The pass was 1000p! It was based on working out the gap (third wave) caused by the unexpected reduction of the Fed's interest rate to 0.25%.

Good luck in trading and control your risks!

Analyst InstaForex
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