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EURUSD hold firm ahead of US CPI

By Mohammad Shanti
13 Oct,2022
EURUSD hold firm ahead of US CPI

EURUSD hold firm ahead of US CPI

Trading Idea: Bearish movement

Entry point Stop loss Take Profit 1 Take Profit 2
0.9660 0.9740 0.9580 0.9450

 

Comment: Trading near the pivot point and between moving averages favors range trading. RSI and MACD are flat which suggests range trading

 

Order Type: Sell Limit

Risk-reward ratio (SL to TP 1):  1:1

Risk-reward ratio (SL to TP2):   1:2.618

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