EUR/USD Ranging Market
For the past few months EUR/USD is in a ranging Market.
On weekly basis the price has stopped at major support level. There is a Doji candlestick formation on Weekly and Daily time frame. So my suggestion is as follows:
Buy at current price around 1.0600
Stop Loss: 20 pips below 1.0500
Profit Target: 1.1400
Risk/Reward 1:5,35
On weekly basis the price has stopped at major support level. There is a Doji candlestick formation on Weekly and Daily time frame. So my suggestion is as follows:
Buy at current price around 1.0600
Stop Loss: 20 pips below 1.0500
Profit Target: 1.1400
Risk/Reward 1:5,35
Penafian
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