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Forex Signal For EUR/USD: Eurozone Parity Prior to GDP Data

Forex Signal For EUR/USD: Eurozone Parity Prior to GDP Data Forex Signal For EUR/USD: Eurozone Parity Prior to GDP Data

Forex Signal For EUR/USD: Eurozone Parity Prior to GDP Data
Yazar: Ross Sutton

Yayınlanma: 15 Şubat 2022 12:45

Güncellenme: 7 Kasım 2024 14:25

Forex Signal For EUR/USD: Eurozone Parity Prior to GDP Data

    Forex Signal For EUR/USD: Eurozone Parity Prior to GDP Data The path trend with the least resistance for the pair is down.  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and set a take profit at 1,1250.
  • Add a stop-loss at 1,1360.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Eurozone Parity Prior to GDP Data

 

Bull Market Outlook

 
  • Set a buy-stop at 1,1320 and a take profit at 1,1400.
  • Add a stop-loss at 1,1250.
  The EUR/USD pair fell sharply in the night session after Christine Lagarde's re-talk on ECB policy and traded at 1,1306, its lowest level since February 3rd. It's down more than 1,60% from this week's high.   eurusd-crispus-15022022  

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