Should price action for the EURUSD remain inside the 1.1775 to 1.1825 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.1800
• Take Profit Zone: 1.3500 – 1.3600
• Stop Loss Level: 1.1575

Should price action for the EURUSD breakout above 1.1825 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ Retracements in the trend; buy orders during dips
• Take Profit Zone: 1.3500 – 1.3600
• Stop Loss Level: 1.1575

Should price action for the EURUSD breakdown below 1.1775 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.1750
• Take Profit Zone: 1.1525 – 1.1575
• Stop Loss Level: 1.1825

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