EUR/USD: Swing Long Play Brewing – This Looks Juicy!
EUR/USDLongSwing4d ago2 views
Trade Setup
Entry Price
1.0823
Stop Loss
1.0779
Take Profit
1.0912
Risk : Reward
1 : 2.02
RiskReward
The Sideways Chop & Opportunity
Alright KoraFX fam, Brandon Jones here, checking in on EUR/USD. We're currently hanging around 1.08315, and yeah, it's been a bit of a sideways chopfest lately, with a slight dip of -0.17% in the last 24 hours. The day range has been between 1.08038 and 1.08592, showing that tight consolidation. But don't let that fool ya; sometimes the best setups brew in these consolidation periods, especially for a swing play.
Technical & Fundamental Read
My eyes are locked on a potential swing long here. Technically, we’ve got some solid support down around 1.0804 and definitely at 1.08. That recent low of 1.08038 today
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