FX.co ★ Trading tips for EUR/USD

The ECB will have a monetary policy meeting today, followed by a press conference. Most likely, a change in interest rate will be announced, which will lead to a price increase in EUR/USD.

Investors may use the "Stop Hunting" strategy in order to enter the market in the medium term.

In this situation, the most likely scenario is the removal of sellers' stops from the level of 1.00900.

This trading idea is based on the "Price Action" and "Stop Hunting" methods.

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