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Forex Signal For EUR/USD: Hammer Model Signals Are Getting Higher

Forex Signal For EUR/USD: Hammer Model Signals Are Getting Higher Forex Signal For EUR/USD: Hammer Model Signals Are Getting Higher

Forex Signal For EUR/USD: Hammer Model Signals Are Getting Higher
Yazar: Ross Sutton

Yayınlanma: 4 Temmuz 2022 14:33

Güncellenme: 8 Kasım 2024 21:57

Forex Signal For EUR/USD: Hammer Model Signals Are Getting Higher

    Forex Signal For EUR/USD: Hammer Model Signals Are Getting Higher Due to the hammer pattern, the pair will likely continue to rise as the bull Market targets the key resistance level at 1,0480.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and take a profit at 1,0480.
  • Add a stop-loss at 1,0375.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Hammer Model Signals Are Getting Higher

 

Bear Market Outlook

 
  • Stop a sell at 1,0400 and take a profit at 1,0350.
  • Add a stop-loss at 1,04600.
EUR/USD volatility rose to 1,0366, its lowest level since June 15 this year, following strong Eurozone consumer inflation data released last Friday. It's about 3,3% below its June high this year.   eurusd-crispus-04072022  

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