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FX.co ★ Tips for trading EUR/USD

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Forex Analysis:::2023-07-06T02:30:50

Tips for trading EUR/USD

EUR/USD formed an interesting area, which market players will most likely pursue, ignoring the bullish momentum from current prices.

Tips for trading EUR/USD

In this situation, the best action could be opening short positions, up to a false breakout of the round level of 1.08. After this, there will be a large three-wave pattern, where wave A represents Wednesday's upward movement.

The trading idea came from the "Price Action" and "Stop Hunting" methods.

Good luck in trading and don't forget to control the risks! Have a nice day.

Analyst InstaForex
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