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The EURUSD pair on the third wave of falling prices.

  • Aug 09 2021
  • by
  • Analyst AZA
The EURUSD pair on the third wave of falling prices.

The EURUSD pair on the third wave of falling prices.

The Euro continues to fall in value. The price has broken through the strong support level of 1.1750 and is moving below. Thus, you can join the bears and open a short position. It would be better to place a Take Profit order at 1.1705 above the strong support level of 1.1700.

Symbol: EURUSD
Order Type: Pending Order - Sell Stop
Entry Price at 1.1735
Take Profit at 1.1705
Pips Earning: 30

Forex trade strategy and trading signals for major currency pairs:
XAUUSD sell at the price of 1725.00
USDJPY buy at the price of 110.35
GBPUSD buy at the price of 1.3845
USDCHF buy at the price of 0.9195

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The profit can be $300.00 if the trading volume of 100000 USD (1 Lot).

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