Bullish View
- Buy the EUR/USD and set a take-profit at 1.0350.
- Add a stop-loss at 1.0150.
- Timeline: 1-2 days.
Bearish View
- Set a sell-stop at 1.0160 and a take-profit at 1.000.
- Add a stop-loss at 1.03100.
The EUR/USD price remained in a tight range on Monday morning as investors repositioned for the new month. The pair was trading at 1.0226, which was higher than last month’s low of 0.9956 and last week’s low of 1.0099.