EUR/USD Analysis: Long Bias This Day

EUR/USDLongIntraday4h ago2 views

Trade Setup

Entry Price

1.0839

Stop Loss

1.0824

Take Profit

1.0877

Risk : Reward

1 : 2.53

RiskReward

Technical Analysis

EUR/USD has formed a strong pennant on the 1-hour chart. Entry near 1.0839 with stop below 1.0824.

Fundamental Context

Fundamental catalysts align with the technical picture here. EUR/USD has room to move.

Trade Setup

Position sized for 2.5:1 R:R. Will trail stop once in profit.

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