Weekly EUR/USD Outlook: Long Opportunity
EUR/USDLongIntraday4d ago11 views
Trade Setup
Entry Price
1.0859
Stop Loss
1.0815
Take Profit
1.0946
Risk : Reward
1 : 1.98
RiskReward
Technical Analysis
Looking at the 1-hour chart, EUR/USD is showing a clear pennant pattern near the 1.0859 level.
Fundamental Context
The macro environment favors long positions on EUR/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 1.0859 with stop at 1.0815 gives a clean 2:1 ratio. Target: 1.0946.
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