The two specific levels mentioned are 1.03462 and 0.98358, which are referred to as support zones. These levels are important because they represent areas where there is significant demand for the currency pair.
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In this scenario, My trade is entering a short position on the EUR/USD currency pair with an entry point of 1.06197 and a stop loss at 1.07967.
This means that I'm betting that the value of the EUR/USD will decrease.
Happy trading guys :) B
🔴🔴🔴
In this scenario, My trade is entering a short position on the EUR/USD currency pair with an entry point of 1.06197 and a stop loss at 1.07967.
This means that I'm betting that the value of the EUR/USD will decrease.
Happy trading guys :) B