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Forex Signal For EUR/USD: Euro Expected to Retest 1,0800 Ahead of ECB (European Central Bank)

Forex Signal For EUR/USD: Euro Expected to Retest 1,0800 Ahead of ECB. (European Central Bank)Forex Signal For EUR/USD: Euro Expected to

Forex Signal For EUR/USD: Euro Expected to Retest 1,0800 Ahead of ECB (European Central Bank)
Yazar: Ross Sutton

Yayınlanma: 14 Nisan 2022 16:19

Güncellenme: 10 Kasım 2024 14:48

Forex Signal For EUR/USD: Euro Expected to Retest 1,0800 Ahead of ECB. (European Central Bank) 

    Forex Signal For EUR/USD: Euro Expected to Retest 1,0800 Ahead of ECB. (European Central Bank)  There's a chance that the parity will continue its downward trend and re-test the bottom of the descending channel at 1,0800.  

Bear Market View

 
  • Sell the EUR/USD pair and set a profit at 1,0800.
  • Add a stop-loss at 1,0950.
  • Timeline: 1-2 days.
 

Forex Signal For EUR/USD: Euro Expected to Retest 1,0800 Ahead of ECB (European Central Bank)

 

Bull Market View

 
  • Set a buy stop at 1,0910 and set a buy-profit at 1,100.
  • Add a stop-loss at 1,0850.
  As investors look ahead to an interest rate decision by the European Central Bank (ECB), EUR/USD price rise has pushed the rate to a record 1,0877, which is well below the 1,0890s this week.   eurusd-crispus-14042022  

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