EURUSD 2018 technical outlook and long term opportunity
EURUSD shows a bullish trend technically for 2018. The pair could reach 1.27 before september 2018. If you are a long-term investor it could be interesting to go long with a stop loss below 1.15.
Regarding all those information you could split your overall position into 2 trades. Taking the first one at 1.20 and a second one if the price goes down around 1.18 in order to get an average price of 1.19.
Example : If you trade 1 mini lot (0.1 lot). You could take the first one with 0.05 lot at 1.20 then a second one with 0.05 lot if the price goes down at 1.18
Entry : 1.19
Target : 1.27
SL : 1.15
We wish you all the best on the markets for 2018.
Regarding all those information you could split your overall position into 2 trades. Taking the first one at 1.20 and a second one if the price goes down around 1.18 in order to get an average price of 1.19.
Example : If you trade 1 mini lot (0.1 lot). You could take the first one with 0.05 lot at 1.20 then a second one with 0.05 lot if the price goes down at 1.18
Entry : 1.19
Target : 1.27
SL : 1.15
We wish you all the best on the markets for 2018.