Home Market EUR/USD Forex Signal: Downwards Consolidation to Support Near $1.1000

EUR/USD Forex Signal: Downwards Consolidation to Support Near $1.1000

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If the price gets established below $1.1000, it is likely to reach $1.0955.

My EUR/USD signal last Monday was not triggered, as there was no bearish reaction when either of the two resistance levels were reached that day. Today’s EUR/USD Signals

Risk 0.75%.

Trades must be taken between 8am and 5pm London time today only. Short entry following a bearish price action reversal on the H1 timeframe immediately upon the next touch of $1.1072, $1.1089, or $1.1142. Put the stop loss 1 pip above the local swing high. Adjust the stop loss to break even once the trade is 20 pips in profit. Remove 50% of the position as profit when the price reaches 50 pips in profit and leave the remainder of the position to ride. Long Trade Idea Long entry following a bullish price action reversal on the H1 timeframe immediately upon the next touch […]

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