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EUR/USD: ideas for small trades

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BUY 1.1410; TP 1.1440; SL 1.1400

SELL 1.1370; TP1 1.1345; TP2 1.1315; SL 1.1385

EUR/USD keeps trading with volatility but in a small range. There’s a very strong support level at 1.1310 (200-week MA). At the same time, there’s significant selling interest in the 1.1410/1.1440 area that has been limiting the upside since late October.

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It seems that the market hasn’t made its mind yet about the future movement of the prices. As a result, it’s sensible to focus on small trades.

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FBS Analyst Team

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