Hey, I am back with another Forex idea, this time looking at EUR/USD.
EUR/USD is trading in range from 1.17500 to 1.8700 for over a month and since we have daily EMA's (20,50) uptrend and 4H EMA's (200,50) uptrend, the most logic thing to do is to Long the bottom!
TP1 is slightly below 1.8100.
I am buying this current dip with a small stop loss.
Good luck with this trade!
Tibor