- Sell the EUR/USD pair and set a take-profit at 0.9957.
- Add a stop-loss at 1.0163.
- Timeline: 1-2 days.
- Set a buy-stop at 1.0150 and a take-profit at 1.0250.
- Add a stop-loss at 1.000.
The EUR/USD price continued falling as concerns of a more hawkish Federal Reserve pushed the US dollar to a multi-week high. It also declined as risks in the financial market rose ahead of the Jackson Hole Symposium. It moved to a low of 1.0050, which was the lowest level since July 15.