The US dollar is still strong in the Forex currency market, although there is a correction in many pairs. Nevertheless, the Swiss franc is barely holding back the onslaught. We will show you how to trade forex using daily charts. Our trading strategy for this forex currency pair is to wait until the price will broke the resistance level to open a long position.
Order Type: Pending Order - Buy Stop
Entry Price at 1.0075
Take Profit at 1.0120
Pips Earning: 45
Most volatile currency pair:
EURUSD buy at the price of 0.9875
USDJPY buy at the price of 149.30
GBPUSD buy at the price of 1.1445
USDCHF buy at the price of 0.9975
The result of a trade recommendation.
How to learn forex trading
The profit can be $486.99 if the trading volume of 100000 USD (1 Lot).