EUR/USD – working out the first goal

Posted On 17 Mar 2020

Good day, dear traders! Congratulations to those who followed our recommendation yesterday to buy the EUR/USD pair in the European session:
https://www.instaforex.com/ru/forex_analysis/246981

Let me remind you that the idea was to work out the first goal within the “stop hunting” strategy, updating the stop level of sellers at 1.12258.

Plan:

Adjustment:

The pass was 1000p! It was based on working out the gap (third wave) caused by the unexpected reduction of the Fed’s interest rate to 0.25%.

Good luck in trading and control your risks!

The material has been provided by InstaForex Company – www.instaforex.com

Source:: EUR/USD – working out the first goal

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