Forex Signal For EUR/USD: Bearish Break Expected at 0,9800.
Forex Signal For EUR/USD: Bearish Break Expected at 0,9800.
A small move above the resistance at 1,0070 would be enough to invalidate the bearish view.
Bear Market Outlook
- Set a sell-stop at 0,9950 and a take profit at 0,9800.
- Add a stop-loss at 1,0050.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Bearish Break Expected at 0,9800.
Bull Market Outlook
- Set a buy stop at 1,0030 and a take profit at 1,0100.
- Add a stop-loss at 0.9950.
While the
EUR/USD parity was hovering around the parity level on Tuesday morning, investors were expecting important economic data from Europe and the USA.
It was trading at 1,000, which is just over 0.9902, this month's low.
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