FX.co ★ Tips for trading EUR/USD

A breakout occurred in EUR/USD after a bullish momentum earlier. This can be used as a basis when finding seller liquidity below 1.07500.

The movement signals that traders could buy from the breakout, with stop-loss placed at 1.06900 and take-profit set upon the breakdown of 1.07500.

The trading idea came from the framework of the "Price Action" and "Stop Hunting" strategies.

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