Should price action for the EURUSD remain inside the 1.2240 to 1.2275 zone the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.2255
• Take Profit Zone: 1.2455 – 1.2475
• Stop Loss Level: 1.2200

Should price action for the EURUSD breakout above 1.2275 the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Long Position
• Entry Level: Long Position @ Retracements in the trend; buy orders during dips
• Take Profit Zone: 1.2455 – 1.2475
• Stop Loss Level: 1.2200

Should price action for the EURUSD breakdown below 1.2240 the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.2225
• Take Profit Zone: 1.2100 – 1.2125
• Stop Loss Level: 1.2275

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.