Wait for breakout or trade in range
As we can see, EURUSD pair from 30th July is in range. (1.16926 - 1.2013)
At the moment there are several options:
1) be neutral and wait, until price will break support or resistance. Then - go long or short accordingly.
2) trade in range (buy when price gets into support zone 1.16926 - 1.17265, sell when it gets into resistance zone 1.19636 - 1.2013)
At the moment there are several options:
1) be neutral and wait, until price will break support or resistance. Then - go long or short accordingly.
2) trade in range (buy when price gets into support zone 1.16926 - 1.17265, sell when it gets into resistance zone 1.19636 - 1.2013)
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