Hello traders, EUR/USD is trading at 1.1752. The Pair is trading in downward trend from some time and can start a new downward trend after breaking support. As the price is moving towards its support level, if the price breaks the support level at 1.1738, it can start a new down trend. The targets for the down trend will be at 1.1692 and 1.1631.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat