EURUSD is slowly but surely moving up

  • May 20 2021
  • by
  • Analyst AZA
EURUSD is slowly but surely moving up

EURUSD is slowly but surely moving up

The EURUSD currency pair is slowly but surely growing in price. On the chart, you can observe a not very fast, but still a growing trend. Strong fluctuations in the cryptocurrency market did not cause much change like the movement of this currency pair. Taking this into account, it is possible to set a small target at the flat level of 1.2300, where the price is likely to meet resistance.

Symbol: EURUSD
Order Type: Pending Order - Buy Stop
Entry Price: 1.22500
Take Profit: 1.23000
Pips Earning: 50

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The profit can be $500.00 if the trading volume of 100000 EUR (1 Lot).

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