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Forex Signal For EUR/USD: Euro Retracement to Gain Steam

Forex Signal For EUR/USD: Euro Retracement to Gain Steam Forex Signal For EUR/USD: Euro Retracement to Gain Steam

Forex Signal For EUR/USD: Euro Retracement to Gain Steam
Yazar: Ross Sutton

Yayınlanma: 24 Mayıs 2022 15:59

Güncellenme: 10 Mart 2024 21:36

Forex Signal For EUR/USD: Euro Retracement to Gain Steam

    Forex Signal For EUR/USD: Euro Retracement to Gain Steam The pair will likely continue to rise as traders target the 50% retracement level at 1,0765  

Bull Market Outlook

 
  • Buy the EUR/USD pair and take a profit at 1,0800.
  • Add a stop-loss at 1,0600.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Euro Retracement to Gain Steam

 

Bear Market Outlook

 
  • Take a sell-stop at 1,0600 and a profit at 1,0500.
  • Add a stop-loss at 1,0700.
  The EUR/USD price continued its bullish momentum following Christine Lagarde's hawkish rating, while rising as market volatility eased and dragged the US dollar. It is trading at 1,0680, the highest level seen since April 26.   eurusd-crispus-24052022  

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