FX.co ★ Trading tips for EUR/USD

The trading plan presented on March 24 aimed to raise the rate of EUR/USD.

That is exactly what happened this week, when the pair moved up and headed towards the resistance level of 1.08650.

If the level is tested, traders could close part of the long positions and then transfer the rest to breakeven. They could do that from 1.07250.

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.