Currency Pair: EUR/USD

Direction: Buy (Swing)

Take Profit: 1.0620

Stop Loss: 1.0505

UPDATE ON SIGNAL: EUR/USD

CHANGE SL FROM: 1.0550

Currency Pair: EUR/USD

Direction: Buy (Swing)

Take Profit: 1.0670

Stop Loss: 1.0550

EUR/USD Setup: Price is currently looking to correct itself after the impulsive movement that is currently occurring. At the same time, we can see that price has been in a major descending channel giving us the indication that the pressure is still down. We will await a correction before any trade is to be made.