Currently, EUR/USD is trading at 1.1789. The pair is trading in a downward trend and now consolidating above its small support level. If the price breaks the support level at 1.1750, then it can start a new down trend and its target price will be the strong support at 1.1622.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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Thank you,
Rishikesh Lilawat
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat