Forex Signal For EUR/USD: The Pair Is Declining.

Forex Signal For EUR/USD: The Pair Is Declining.

The US dollar strengthens further thanks to the FOMC.

The EUR/USD signal set on Wednesday last week was not triggered as there was not enough bearish bias when the price first hit the resistance level defined as $1,1352.

Today’s EUR/USD Signals

The risk is 0,75%.
Trading today London time only It can be entered until 17h00.

Sales Trade Tips

The next touch of $1,1229, $1,1250 or $1,1261 goes right 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, remove 50% of the position as profit and let the rest of the position be driven.

Forex Signal For EUR/USD: The Pair Is Declining.

Buying Trading Tips

Buy on the next touch of $1,1195 or $1,1155, immediately after a bullish price action reversal on the H1 time frame.
Put the stop-loss 1 pip below the local swing low.
Set 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.