EURUSD hold firm ahead of US CPI
EURUSD hold firm ahead of US CPI
Trading Idea: Bearish movement
Entry point | Stop loss | Take Profit 1 | Take Profit 2 |
0.9660 | 0.9740 | 0.9580 | 0.9450 |
Comment: Trading near the pivot point and between moving averages favors range trading. RSI and MACD are flat which suggests range trading
Order Type: Sell Limit
Risk-reward ratio (SL to TP 1): 1:1
Risk-reward ratio (SL to TP2): 1:2.618