Forex Signal For EUR/USD: Four Corners Formation Ahead of NFPs.
Forex Signal For EUR/USD: Four Corners Formation Ahead of NFPs.
Parity likely stay inside this channel today as traders await the first NFP data of the year.
Bull Market Outlook
- Buy the EUR/USD pair and set a take profit at 1,1400.
- Add a stop-loss at 1,1300.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Four Corners Formation Ahead of NFPs.
Bear Market Outlook
- Take a sell-stop at 1,1300 and a profit at 1,1200.
- Add a stop-loss at 1,1400.
EUR/USD remained stable even as the energy crisis in the European Union raged, climbing to 1,1345 this week, its highest level since Tuesday. It's up about 0,63% from this week's low.
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