EUR/USD: Is It Time For a Push Up? Watching Key Levels Intraday!

EUR/USDLongIntraday2h ago2 views

Trade Setup

Entry Price

1.0858

Stop Loss

1.0757

Take Profit

1.1010

Risk : Reward

1 : 1.50

RiskReward

Alright team, Alfie here checking in from Bristol. EUR/USD has been on my radar big time this week. We're currently sat around 1.08782, after a decent 0.26% move up over the last 24 hours from its low of 1.08359. The trend's been a bit sideways, hasn't it? Just chopping about, but that can sometimes set up for a proper move.

Chart Talk


Looking at the chart for an intraday play, I'm liking the idea of a long position. My eyes are on an entry around 1.0858. Why there? Well, we've got solid support around 1.085 and then 1.0836, which was the day's low. If price can hold above that 1.085 zone, it could be a nice bounce play. My stop loss is set quite a bit lower at 1.0757, giving it some room to breathe, especially with things being a bit choppy. For take profit, I'm aiming for 1.101, pushing past

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