FX.co ★ Trading tips for EUR/USD

After two weeks of trading flat, EUR/USD went beyond the upper border of the range. However, the move was just a false breakout, so traders better bet on a price decline again.

To completely work out the movement, traders must follow this plan:

Set stop loss at 1.06700, then take profit at 1.05700 and 1.04400

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

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