If you trade the EURUSD, let me tell you that it is trading in a very clear bullish market condition. Yesterday, it was trading in a tight range, around an important level, but earlier today it broke through an important resistance level triggering a bullish condition:

And if you are wondering where to set your TP orders, if I find my entry I’m going to set them below the next LT resistance level around 1.3831, so we still got plenty of room to get a good risk-reward ratio.

Trade Safe!

Raul Lopez
Forex Training