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27.12.2021 11:49 AM
Trading tips for EUR/USD

Following the plan presented last December 22, EUR/USD is approaching 1.13850, our target level for profit taking.

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Because of this, the key level for today is the support level of 1.13.

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That is important for buyers because until it is broken, they will have a chance to stay in the market.

So, if you are buying, continue holding positions to 1.13850, with risks at 1.12900.

This trading idea is based on the framework of price action and stop hunting strategies.

Good luck and have a nice day!

Andrey Shevchenko,
Analytical expert of InstaForex
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