EUR/USD

February 26, 2025

Currently, the EUR/USD currency pair is in an uptrend. As indicated by recent price action and technical indicators on the chart, the pair has been consistently moving higher, suggesting a bullish sentiment in the market. Here’s the suggested trading setup with Take Profit (TP) and Stop Loss (SL) levels for a buy position on EUR/USD

Buy Position:

  • Entry Price: 1.05115 (enter a buy position as the price continues to rise)
  • Take Profit (TP): 1.05260 (expected target level in the uptrend)
  • Stop Loss (SL): 1.04801 (below recent support to limit risk)

Sell Position (if Stop Loss is triggered):
If the price goes below 1.04801 (indicating a possible reversal):

  • Sell Entry Price: Below 1.04801
  • Take Profit (TP): 1.04696 (next support level)

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