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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.