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Signal For EUR/USD: A Triangle Forming After Hawkish Fed

Signal For EUR/USD: A Triangle Forming After Hawkish Fed Signal For EUR/USD: A Triangle Forming After Hawkish Fed

Signal For EUR/USD: A Triangle Forming After Hawkish Fed
Yazar: Ross Sutton

Yayınlanma: 17 Mart 2022 13:55

Güncellenme: 7 Kasım 2024 01:31

Signal For EUR/USD: A Triangle Forming After Hawkish Fed

    Signal For EUR/USD: A Triangle Forming After Hawkish Fed The parity will likely continue to rise as the bulls target the next level of lock resistance at 1,100  

Bull Market Outlook

 
  • Buy the EUR/USD pair and earn a profit at 1,1100.
  • Add a stop-loss at 1,0960.
  • Timeline: 1-2 days.
 

Signal For EUR/USD: A Triangle Forming After Hawkish Fed

 

Bear Market View

 
  • Sell-stop at 1,0990 and arrange for a profit at 1,0945.
  • Create a stop-loss at 1,1125.
  The trading of the US$ 1,1033 EUR/US parity following the Federal Reserve’s decision, which was about 2% higher than this month’s lowest, was not much different when the Ukrainian and Russian negotiators approached an agreement.   eurusd_crispus_170322  

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