Forex Signal For EUR/USD: Resistance at 1,1717 Looks Pivotal

  Forex Signal For EUR/USD: Resistance at 1,1717 Looks Pivotal The price has rebounded solidly after the post-FOMC drop in the short term. Last week's Tuesday EUR/USD signal did not trigger as there was no bearish price action when the price hit 1,1818 that day.  

Today's EUR/USD Signals

 

• The risk is 0,75 %.
• Transactions must only be entered until 17h00 London time today.

   

Sales Trade Tips

 

• Next touch 1,1717, 1,1754, 1,1769 or 1,1793, enter short immediately after a bearish price reversal on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and let the rest of the position be driven.

Forex Signal For EUR/USD: Resistance at 1,1717 Looks Pivotal

Buying Trade Tip

 

• Enter long immediately on the next touch of 1,1517.
• Put the stop loss 1 pip below the local swing low.
• Move stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position be driven.

   

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