Fading the EUR/USD Dip: Setting Up for a Swing Long Play

EUR/USDLongSwing4h ago0 views

Trade Setup

Entry Price

1.0816

Stop Loss

1.0760

Take Profit

1.0927

Risk : Reward

1 : 1.98

RiskReward

The Technical Setup: Finding Value Near Support


Alright KoraFX fam, let's talk EUR/USD. The pair has been trading largely sideways, currently sitting at 1.08269, with a slight dip of -0.21% over the last 24 hours. While some might be eyeing further downside given the intraday weakness, I'm actually seeing an interesting long setup emerge here for a swing trade. My entry is planned at 1.0816. This level sits strategically just above the immediate support at 1.08 and not far from the stronger 1.0792 level

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