FX.co ★ Tips for trading EUR/USD

The trading plan for EUR/USD talked about a potential decrease in prices.

As expected, dollar demand rose after the release of US inflation data. This led to the decline of EUR/USD towards the target price levels.

Congratulations to everyone who followed the strategy. The pair moved by 300 and 600 pips. Close short positions now to gain profit.

The trading idea followed 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.