UGTraders

EURUSD - Support level

UGTraders Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD have a very important support level that would bounce back the prices.

You can long the market and using very tight stop-loss just below the support level.

If the market break this support level, we will update this idea for a new trade setup to break-even our losses!


to be updated..
Comment:
Yeah, that is the long-term trend, but it could do a lost motion trade!

looking at short-term trends, EURUSD tend to have selling pressure, use it, and we will be able to catch the long-term from good entry point

Comment:
Finally the small trends lost momentum,

now you can align your trade with the bigger trends, good luck :)

Comment:
wait the market to penetrate the resistance level (the small one)

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