EUR/USD rose after demand for dollar fell because of easing inflation. The pair came close to the August high of 1.03682, and is making a correction for a possible breakthrough of this level.
In this regard, sellers must take note of the trap they can fall into if they place stop orders beyond this level.
Meanwhile, for a reversal, traders must pay attention to the level of 1.04152.
The trading idea is based on the "Price Action" and "Stop Hunting" methods.
Good luck and have a nice day! Don't forget to control the risks!
