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.
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