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FX.co ★ Trading idea for EUR/USD

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Forex Analysis:::2021-09-16T08:28:23

Trading idea for EUR/USD

Trading idea for EUR/USD

The plan presented yesterday was for raising quotes, but EUR / USD closed with another pin bar in the trend.

Trading idea for EUR/USD

The pinbars were formed during the US sessions, which suggests that Americans are working to strengthen dollar:

Trading idea for EUR/USD

Considering this, it is best to reduce long positions and wait for further movements upward. More specifically, wait until EUR/USD hit the target levels stated in the article yesterday.

This analysis is based on Price Action and Stop Hunting strategies.

Good luck and have a nice day!

Analyst InstaForex
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