Relevance up to 10:00 2021-02-24 UTC+3
As expected, EUR / USD traded upwards, heading towards 1.21900, which is near the round level of 1.22
Of course, this trapped sellers around 1.21900, which means that it is not a good idea to open short positions, at least until the quote falsely breaks through 1.22.
This plan follows the Price Action and Stop Hunting strategies.
Good luck!
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Andrey Shevchenko,
Analytical expert
InstaForex Group © 2007-2021
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