FX.co ★ Trading tips for EUR/USD

Previous trading plan for EUR/USD indicated a price increase after an ECB rate hike and speech of Christine Lagarde. The target was the level of 1.00900.

Plan:

The bullish mood arose during the Asian session, and extended up to the European session. That time, the pair managed to break the level of 1.00900.

Development:

Congratulations to those who followed the strategy! The pair moved by as much as 1,300 pips.

To those who are yet to close positions, you may do so at current prices.

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