Trading recommendations:
- According to previous events, the price of EUR/USD pair is going to move between 1.3710 and 1.3634.
- The level of 1.3634 is going to form the double bottom in H1 chart.
- Also, it should be noted that the market was so stable and trend was also so clear (upward) last week.
- We expect a bullish market today from the area of 1.3600 /1.3634.
- So, buy above the level of 1.3600 or 1.3634 (this level is representing the weekly support one) with the first target of 1.3700, it might resume to 1.3766 tomorrow in order to test the weekly resistance one.
- However, the stop loss should be always be into account, therefore it will be very useful to set your stop loss at the price of 1.3575
