Forex Signal For EUR/USD: Euro Will Hit Parity This Week
Forex Signal For EUR/USD: Euro Will Hit Parity This Week
The latest European consumer inflation data for the EUR/USD price will be the next key catalyst.
Bear Market Outlook
- Set a sell-stop at 1,0150 and a take profit at 1,00.
- Add a stop-loss at 1,0250.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Euro Will Hit Parity This Week
Bull Market Outlook
- Take a buy stop at 1,0235 and a profit at 1,0300.
- Add a stop-loss at 1,0150.
EUR/USD rose slightly to 1,0200 after the Federal Reserve released the minutes of its last monetary policy meeting, a few points above 1,0120 this week's low.
Last week's high remains significantly lower at 1,036.
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