Trade of the Day EURUSD

EURUSD is testing the support zone

 

EURUSD has pulled back to test the uptrend line support 1.2000. A bounce off this level is required for an upside continuation and another test of 1.2190 which is the key breakout level for a run to 1.2600. A break below 1.2000 will lead to a deeper pullback to 1.1960. As long as the EURUSD is above 1.1900 the uptrend reversal is valid and you should target 1.2600.

Note – Look for price action bounce for the long trade with the stop loss below 1.1960

EURUSD price action trading strategy

 

 

If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.

Funded trader accounts with unlimited lot size to trade!

Register today and trade a Funded Trader account without limitations!

No limits in maximum lot size allowed to trade! Profit-sharing up to 60%!

Copy our trades!

Scroll to Top