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Forex Signal For EUR/USD: Possible Retracement After Hitting Key Resistance.

Forex Signal For EUR/USD: Possible Retracement After Hitting Key Resistance. Forex Signal For EUR/USD: Possible Retracement After Hitting

Forex Signal For EUR/USD: Possible Retracement After Hitting Key Resistance.
Yazar: Ross Sutton

Yayınlanma: 12 Ocak 2022 12:57

Güncellenme: 17 Nisan 2024 23:10

Forex Signal For EUR/USD: Possible Retracement After Hitting Key Resistance.

    Forex Signal For EUR/USD: Possible Retracement After Hitting Key Resistance. The EUR/USD pair will likely continue the downtrend as the Bear Market targets the bottom of the channel at 1,1278.  

Bear Market Outlook

 
  • Sell ​​EUR/USD and set a take profit at 1,1278.
  • Add a stop loss at 1,1420.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Possible Retracement After Hitting Key Resistance.

 

Bull Market Outlook

 
  • Set a buy-stop at 1,1380 and a take profit at 1,1450.
  • Add a stop-loss at 1,1300.
  As Jerome Powell testified in the Senate, the EUR/USD rallied to a significant resistance, as it rose to 1,1360 ahead of the latest US consumer price index (CPI) data.   eurusd_crispus_120122  

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