Forex Signal For EUR/USD: Euro Could Find Buyers as Volatility Pullbacks.
Forex Signal For EUR/USD: Euro Could Find Buyers as Volatility Pullbacks.
The main catalysts for the
EUR/USD price are expected to be upcoming German sentiment data and US industrial and manufacturing production data.
Bull Market Outlook
- Buy the EUR/USD pair and set a take profit at 1,00.
- Add a stop-loss at 0,9700.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Euro Could Find Buyers as Volatility Pullbacks.
Bear Market Outlook
- Take a sell stop stop at 0,9780 and a profit at 0,9700.
- Add a stop-loss at 1,000.
As investors breathed a sigh of relief on the UK's financial situation, the EUR/USD price continued to recover, hitting 0,9864, the highest level since 6 October this year.
It rose more than 2,27% from last week's low.
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