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Forex Signal For EUR/USD: Base Signs Emerging

Forex Signal For EUR/USD: Base Signs Emerging Forex Signal For EUR/USD: Base Signs Emerging Forex Signal For EUR/USD: Base Emerging

Forex Signal For EUR/USD: Base Signs Emerging
Yazar: Ross Sutton

Yayınlanma: 21 Nisan 2022 13:38

Güncellenme: 15 Kasım 2024 08:59

Forex Signal For EUR/USD: Base Signs Emerging

    Forex Signal For EUR/USD: Base Signs Emerging The pair is likely to continue higher as traders target the key resistance level at 1,1000.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and earn a profit on 1,100 basis points.
  • Add a stop-loss to 1,0800.
  • Timeline: 1-2 days.
 

Forex Signal For EUR/USD: Base Signs Emerging

 

Bear Market Outlook

 
  • Stop-sell at 1,0800 and set a buyer-profit 1,0750.
  • Add a stop-loss to 1,0900.
With investors expecting the latest European consumer inflation data, the euro/dollar price slightly increased on Wednesday and early Thursday, reaching a peak since April 14, 1.0851. This is slightly above this week’s low of 1,0760.   eurusd_crispus_21042022  

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Forex Signal For GBP/USD: Pound Expected to Retest 1,300 Support.

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