Should price action for the EURUSD remain inside the 1.3380 to 1.3420 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.3400
• Take Profit Zone: 1.3920 – 1.3960
• Stop Loss Level: 1.3260

Should price action for the EURUSD breakout above 1.3420 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: 1.3920 – 1.3960
• Stop Loss Level: 1.3260

Should price action for the EURUSD breakdown below 1.3380 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.3370
• Take Profit Zone: 1.3230 – 1.3250
• Stop Loss Level: 1.3430

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

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