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Forex Signal For EUR/USD: Fluctuation Expected in Light of ECB and US Inflation

Forex Signal For EUR/USD: Fluctuation Expected in Light of ECB and US Inflation Forex Signal For EUR/USD: Fluctuation Expected in Light of

Forex Signal For EUR/USD: Fluctuation Expected in Light of ECB and US Inflation
Yazar: Ross Sutton

Yayınlanma: 10 Mart 2022 14:38

Güncellenme: 19 Kasım 2024 14:58

Forex Signal For EUR/USD: Fluctuation Expected in Light of ECB and US Inflation

      Forex Signal For EUR/USD: Fluctuation Expected in Light of ECB and US Inflation While this recovery is a weak bounce, there is a possibility that the pair will continue to rise as the bulls target the 61,8% retracement level at 1,1230.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and set a take profit at 1,1230.
  • Add a stop-loss at 1,0950.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Fluctuation Expected in Light of ECB and US Inflation

 

Bear Market Outlook

 
  • Take a sell-stop at 1,100 and a profit at 1,0900.
  • Add a stop-loss at 1,1100.
  The euro/dollar pair jumped sharply on Wednesday and Thursday morning to 1,1100, the highest level since last week, as the risk-on sentiment spread in the market. It gained more than 2,60% from this week's low.   eurusd-crispus-10032022  

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