Forex Signal For EUR/USD: Space for More Negatives
Forex Signal For EUR/USD: Space for More Negatives
There is a possibility that the couple may continue to move downward in the near term.
Bear Market View
- Sell the EUR/USD pair and earn 1,100 base points.
- Add a stop-loss to 1,1150.
- Timeline: One or two days.
Forex Signal For EUR/USD: Space for More Negatives
Bull Market View
- Set a buy-stop at 1,1115 and a take-profit at 1,1165.
- Add a stop-loss to 1,1025.
The EUR/USD party continues the downward trend, with strong European inflation data and the head of the Federal Reserve implying interest increases approaching, and is listed in 1,1095, slightly above the lowest level of 1,1058 this week.
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