FX.co ★ Trading tips for EUR/USD

Previous trading tips in EUR/USD pointed at a possible decrease in prices.

This really happened after the release of the US NFP report on Friday. From that time, demand for dollar strengthened, so it was not surprising that EUR/USD hit a new yearly low.

The best action right now is to close short positions.

Congratulations to those who followed the bearish strategy! The pair moved by more than 1,000 pips.

The trading idea was based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks!