Forex Signal For EUR/USD: The Parity Appears to be Held Above.

    Forex Signal For EUR/USD: The Parity Appears to be Held Above.   It is bullish above $1,0032.

• The previous EUR/USD signal released last Wednesday was not triggered because there was no bearish price action when any of the resistance levels set that day was first reached.

 

Today's EUR/USD Signals

 

• The risk is 0,75%.
• Trades can only be made before 17h00 London time today.

 

Sales Trade Tips

 

• The next touch of $1,0146 or $1,0195, immediately sell as soon as a downside price reversal on the H1 time frame is reversed.
• Place the stop loss 1 pip above the local swing height.
• Move stop loss even when the trade is 20 pips in profit.
• When the price reaches 50 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For EUR/USD: The Parity Appears to be Held Above.

 

Buying Trading Tips

 

• Buy as soon as a bullish price action reverses on the H1 time frame with the next touch of $1,0061 or $1,0032.
• Place 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, take 50% of the position as profit and leave the rest of the position running.

   

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