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Forex Signal For EUR/USD: Flag Points Down in Bear Market

Forex Signal For EUR/USD: Flag Points Down in Bear Market Forex Signal For EUR/USD: Flag Points Down in Bear Market

Forex Signal For EUR/USD: Flag Points Down in Bear Market
Yazar: Ross Sutton

Yayınlanma: 15 Eylül 2022 16:34

Güncellenme: 18 Mayıs 2024 11:36

Forex Signal For EUR/USD: Flag Points Down in Bear Market

    Forex Signal For EUR/USD: Flag Points Down in Bear Market   The outlook is that the pair will react to important economic data from the US in the future.  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and take a profit at 0,9900.
  • Add a stop-loss at 1,0050.
  • Timeline: 1 day.
 

Forex Signal For EUR/USD: Flag Points Down in Bear Market

 

Bull Market View

 
  • Set a buy stop at 1,0040 and a take profit at 1,0100.
  • Add a stop-loss at 0,9950.
  The EUR/USD price remained under heavy pressure as investors positioned themselves for a more hawkish Federal Reserve, while the pair remained flat with the focus shifting to upcoming US retail sales and industrial production data. It's down more than 2% from its highest point this week.   eurusd_14092022_cryspus  

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