Forex Signal For EUR/USD: The Trend İs Bearish Due to The Variables Ahead
Forex Signal For EUR/USD: The Trend İs Bearish Due to The Variables Ahead
Because of taken measures in the market due to the volatility, the pair is likely to retest support at 1,0640.
Bear Market Outlook
- Sell the EUR/USD pair and take profit at 1,0640.
- Add a stop-loss at 1,0775.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: The Trend İs Bearish Due to The Variables Ahead
Bull Market Outlook
- Stop-a-buy at 1,0755 and take a profit at 1,0800.
- Add a stop-loss at 1,0700.
EUR/USD fell to 1,0676, its lowest level since 14 May, as the European economic outlook deteriorated slightly.
It's still around 1% below its May high.
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