Forex Signal For EUR/USD: Expectations More in Front of EU Inflation Data
Forex Signal For EUR/USD: Expectations More in Front of EU Inflation Data
The bull market is targeting the next level of resistance at 1,1400, while the two may continue to rise.
Bull Market Outlook
- Buy the EUR/USD pair and set up a profit at 1,1400.
- Add a stop-loss at 1,1260.
- Timeline: One or two days.
Forex Signal For EUR/USD: Expectations More in Front of EU Inflation Data
Bear Market Outlook
- Stop sales at 1,1310 and specify a redemption and profit in 1,1260.
- Add a stop-loss at 1,1400.
Investors responded to Russia's invasion of Ukraine on Monday, while the EUR/USD duo were higher.
The couple reacted slightly to US consumer confidence data, with a score of 1,1288, down from 1,1337 this week.
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