Forex Signal For EUR/USD: Pressure on ECB Continues to Increase Day by Day.
Forex Signal For EUR/USD: Pressure on ECB Continues to Increase Day by Day.
While the long-term trend is bearish, there is a possibility that the pair will continue to rise as the bulls target the key resistance at 1,0675.
Bull Market Outlook
- Buy the EUR/USD pair and take a profit at 1,0675.
- Add a stop-loss at 1,0500.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Pressure on ECB Continues to Increase Day by Day.
Bear Market Outlook
- Set a sell-stop at 1,0500 and add a take profit at 1,0450.
- Add a stop loss at 1,0550.
The EUR/USD pair moves sideways ahead of major economic events scheduled for this week, trading at 1,0555, which is about 3,5% above this month's low.
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