Forex Signal For EUR/USD: A Short Pullback In The Euro Looks Likely Yesterday.
Forex Signal For EUR/USD: A Short Pullback In The Euro Looks Likely Yesterday.
The downward trend of the pair will continue in the coming days. However, a short pullback to around 1,0756 yesterday cannot be ruled out.
Bull Market Outlook
- Set a buy-stop at 1,0700 and a take profit at 1,0750.
- Add a stop-loss at 1,0600.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: A Short Pullback In The Euro Looks Likely Yesterday.
Bear Market Outlook
- Take a sell-stop at 1,0630 and a profit at 1,0550.
- Add a stop-loss at 1,0750.
Yesterday, the
EUR/USD pair fell to 1,0645, the lowest level since March 2020, continuing the downward trend as the strength of the US dollar continues. The Euro also fell against other currencies such as the Japanese yen and Swiss franc yesterday.
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