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10.01.2024 01:26 PM
Tips for trading EUR/USD

A new bullish momentum started in EUR/USD. It broke the downward trend and gave buyers an opportunity to develop an upward trend.

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Open long positions and set stop-loss at 1.09200. Take profit upon the breakout of 1.09732/ 1.1/ 1.10164 and 1.11000.

The trading idea follows the framework of the "Price Action" and "Stop Hunting" strategies.

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

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
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