Forex Signal For EUR/USD: Fall Trends Are Gradually Forming.
Forex Signal For EUR/USD: Fall Trends Are Gradually Forming.
The pair is likely to enter a downtrend as the bears target key support at 1,0500.
Bear Market View
- Sell EUR/USD and set a profit at 1,0450.
- Add a stop at 1,0625.
- Timeline: 1-2 days.
Forex Signal For EUR/USD: Fall Trends Are Gradually Forming.
Bull Market View
- Set a buy stop at 1,060 and add a profit at 1,0650.
- Add a stop-loss at 1,0500.
The EUR/USD is stuck at its lowest level this year as investors focus on the Federal Reserve's interest rate decision and average US business data, while the Pair is trading at 1,0545 after last week's lower swap of 1,0467.
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