Main Quotes Calendar Forum
flag

FX.co ★ Trading tips for EUR/USD

parent
Forex Analysis:::2021-12-22T10:50:24

Trading tips for EUR/USD

Trading tips for EUR/USD

EUR / USD edged higher on Tuesday, creating a new high in the market.

Based on the stop hunting strategy, the next target should be a double top at 1.13000.

Trading tips for EUR/USD

When the quote reaches 1.13000, the second target will be 1.13827, where sellers are located.

Trading tips for EUR/USD

Growth will be driven by the US GDP data, which will be released later in the afternoon.

This bullish scenario will not happen if the quote drops below 1.12600 and 1.12300.

This trading idea is based on the price action and stop hunting strategies.

Good luck and have a nice day!

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...