Forex Signal For EUR/USD: Free Fall Breathed.
Forex Signal For EUR/USD: Free Fall Breathed.
The pair will continue its downward trend in the coming days.
Bear Market Outlook
- Sell EUR/USD and take a profit at 1,1100.
- Add a stop-loss at 1,1330 (pivot point).
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Free Fall Breathed.
Bull Market Outlook
- Set a buy-stop at 1,1300 and a take profit at 1,1400.
- Add a stop loss at 1,1200.
The
EUR/USD was little changed in the overnight session as investors reacted to strong European trading activity data, faltering after the US government's latest decision to stabilize oil prices and lower inflation.
It is trading at 1,1261, a few points above this week's low.
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