Daily trading Analysis for EURUSD

  • Mar 05 2021
Daily trading Analysis for EURUSD

Daily trading Analysis for EURUSD

A strong Dollar does not let the Euro relax. A short-term downtrend provides an opportunity to earn another 50 pips until it reaches a new support level.

The profit should be $500.00 if the trading volume of 1 standard lot.

Symbol: EURUSD
Order Type: Pending Order - Sell Stop
Entry Price: 1.19000
Take Profit: 1.18500
Stop Loss: 1.19200
Pips Earning: 50
Pips Risk: -20

Result:

The price has reached the take profit order.

The result of our trading recommendation

 

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A strong Dollar does not let the Euro relax. A short-term downtrend provides an opportunity to earn another 50 pips until it reaches a new support level.

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