Should price action for the EURUSD remain inside the 1.2525 to 1.2575 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.2550
• Take Profit Zone: 1.3700 – 1.3975
• Stop Loss Level: 1.2400

Should price action for the EURUSD breakout above 1.2575 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: 1.3700 – 1.3975
• Stop Loss Level: 1.2400

Should price action for the EURUSD breakdown below 1.2525 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.2500
• Take Profit Zone: 1.2375 – 1.2400
• Stop Loss Level: 1.2575

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