The EURUSD pair will soon fall off the ledge

  • Nov 05 2021
  • by
  • Analyst AZA
The EURUSD pair will soon fall off the ledge

The EURUSD pair will soon fall off the ledge

The Euro shows weakness against many currencies. The bulls are still holding the course, but the support may not last long. The onslaught of traders who sell Euros is much stronger now. The price is barely holding back from further falling only thanks to the support level of 1.1525. Our target is 25 pips on this trade. We will take profit at the flat level of 1.1500.

Symbol: EURUSD
Order Type: Pending Order - Sell Stop
Entry Price at 1.1525
Take Profit at 1.1500
Pips Earning: 25

Forex trade strategy for major currency pairs:
XAUUSD buy at the price of 1800.00
USDJPY buy at the price of 113.95
GBPUSD sell at the price of 1.3420
USDCHF buy at the price of 0.9175

The result of a trade recommendation.

The result of a trade recommendation.

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The profit can be $250.00 if the trading volume of 100000 EUR (1 Lot).
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