Trading EUR/USD: Neutral Entry Near 1.0847

EUR/USDNeutralPosition4h ago1 views

Trade Setup

Entry Price

1.0847

Stop Loss

1.0861

Take Profit

1.0818

Risk : Reward

1 : 2.07

RiskReward

Technical Analysis

Looking at the daily chart, EUR/USD is showing a clear reversal pattern near the 1.0847 level.

Fundamental Context

Economic indicators suggest EUR/USD is positioned for a neutral move in the coming position.

Trade Setup

Risk:reward is 2:1. Stop loss at 1.0861, take profit at 1.0818.

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