FX.co ★ EUR/USD
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EUR/USD
Hello traders! Regarding the EUR/USD pair, I only have long positions open. The pair is moving very slowly and sluggishly, so there isn't much to write about. The long positions I had are still open. I haven't entered any short positions yet. For now, I am only considering the market going up. Since it's already the beginning of December on the calendar, I believe a rally should occur on the pair, so it makes sense to keep the long positions for now. Especially today, the pair quickly started moving upwards after almost standing still for two weeks. I think that until the end of this year, keeping the focus on long positions is the way to go. Moreover, the market will be thin as the main players will be on holiday break. My target for the long positions is reaching the 1.1700 level. Therefore, I'm not making any moves and holding onto the long positions for already two weeks.