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Back Trading plan
EUR/USD: Trading Plan for the U.S. Session on May 6th (Review of Morning Trades)
In my morning forecast, I highlighted
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In my morning forecast, I highlighted the 1.1346 level and planned to make trading decisions based on it. Let's take a look at the 5-minute chart and analyze what happened there. The rise and formation of a false breakout around 1.1346 led to an entry point for selling the euro, resulting in a drop of the pair to the level of 1.1306. The technical picture was not revised for the second half of the day.To open long positions on EUR/USD:The
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
EURUSD
Euro vs US Dollar
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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