EURUSD rests on very thin ice, which is already crunching
We recently recommended selling this currency and our goals were met. Now there is another good opportunity to enter the market and open a position at 1.1700 with minimal risk and a profit of 30 pips. The currency pair is in a slow downtrend. Apart from being a flat level, this 1.1700 price level also coincides with a strong resistance level. Therefore, a breakdown of this level will be a good signal to open an order and a continuation of the downtrend.
Order Type: Pending Order - Sell Stop
Entry Price at 1.1700
Take Profit at 1.1670
Pips Earning: 30
Forex trade strategy and trading signals for major currency pairs:
XAUUSD sell at the price of 1786.00
USDJPY buy at the price of 109.70
GBPUSD sell at the price of 1.3720
USDCHF sell at the price of 0.9125
Trading recommendation result
The profit can be $300.00 if the trading volume of 100000 EUR (1 Lot).