Forex Signal For EUR/USD: Expected to Gain Momentum Amid Fed Pivot Hopes.
Forex Signal For EUR/USD: Expected to Gain Momentum Amid Fed Pivot Hopes.
It is noteworthy that the
EUR/USD pair has recently entered a recovery mode.
Bull Market Outlook
- Buy the EUR/USD pair and take a profit at 1,0050.
- Add a stop-loss at 0,9900.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Expected to Gain Momentum Amid Fed Pivot Hopes.
Bear Market Outlook
- Set sell stop at 0,9925 and take profit at 0,9850.
- Add a stop-loss at 1,0025.
The EUR/USD price rose after the latest US home price index data and hit 0,9976, its highest level since October 5th of this year.
The pair is up almost 5% from its monthly low and is just a few pips below the pair.
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