FX.co ★ Trading tips for EUR/USD

As EUR/USD updated yesterday's high, sellers have new levels where they can place short positions.

Traders may start from the current prices, placing a set of short positions up to 1.08150. Set stop loss at 1.09, and then take-profit upon the breakdown of 1.08150.

The risk/reward ratio is 1:2.

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.