rishililawat5

EUR/USD Technical Analysis.

Long
FX:EURUSD   Euro / U.S. Dollar
Currently, EUR/USD is trading at 1.1254. The pair may start a new up trend if it breaks the resistance level at 1.1258. The pair is now moving towards its resistance levels. If the price breaks the resistance level then it may start a new up trend. Its first target price will be at 1.1404 and the second target price will be at 1.1494.

Follow a 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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.