FX.co ★ EUR/USD

Hello traders, nice to see everyone on the forum. Let's conduct a technical analysis for a potential entry into the EURUSD market. Today, we will try to profit from buying this instrument. It is advisable to buy from the support level at 1.1620. The trade profit can be taken at the previous high around 1.1700. If the market structure breaks down, it will be necessary to cut losses at the price of 1.1590. In the future, selling opportunities can be considered from the mirror level at 1.1620. Price movement is the most crucial aspect in the market; prices should not remain stagnant but should keep moving.