Forex Signal For EUR/USD: Most Likely Drop to 1,1100.
Forex Signal For EUR/USD: Most Likely Drop to 1,1100.
The pair will likely continue to decline with the next key reference level at 1,1100.
Bear Market Outlook
- Sell EUR/USD and set a take profit at 1,1100.
- Add a stop-loss at 1,1400.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Most Likely Drop to 1,1100.
Bull Market Outlook
- Set a buy-stop at 1,1350 and a take profit at 1,1500.
- Add a stop-loss at 1,1250.
EUR/USD is at its lowest level in the past three days and currently since July 9, 2020, dropping in the nighttime as traders reflect on the reappointment of Jerome Powell. It's down more than 8% this year.
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