The EURUSD pair is slowly but surely moving down

  • Jan 26 2022
  • by
  • Analyst AZA
The EURUSD pair is slowly but surely moving down

The EURUSD pair is slowly but surely moving down

The currency pair is in a sideways movement now. The graph does not show a pronounced trend. But the trend is lowering the price slowly but surely. The price does not have much margin so we will open a short position with a target of 30 pips.

Symbol: EURUSD
Order Type: Pending Order - Sell Stop
Entry Price at 1.1260
Take Profit at 1.1230
Pips Earning: 30

Forex trade strategy for major currency pairs:
XAUUSD sell at the price of 1854.00
USDJPY buy at the price of 114.25
GBPUSD buy at the price of 1.3525
USDCHF buy at the price of 0.9210

Trade recommendation result.

Trade recommendation result.

img
Trading recommendation for the currency pair
The profit can be $300.00 if the trading volume of 100000 EUR (1 Lot).
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