The EURUSD is being corrected up in the short-term downtrend. The correction target is to test resistance (A) 1.0785 – 1.0775. After the resistance zone is reached, one can enter sell trades with a target at the low of February 7.
If resistance (A) is broken out, the price will reach resistance (B), where one could also enter sales with the above-indicated target.
EURUSD trading ideas for today:
- Sell according to the pattern at resistance (А) 1.0785 – 1.0775.
TakeProfit: 1.0670.
StopLoss: according to the pattern rules. - Sell according to the pattern at resistance (В) 1.0844 – 1.0828.
TakeProfit: 1.0670.
StopLoss: according to the pattern rules.
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