Forex Signal EUR/USD: Market Recovery Finds Strong Resistance.
Forex Signal EUR/USD: Market Recovery Finds Strong Resistance.
The pair is likely to retest last Friday's low of 1,1535 as it continues its downtrend.
Bear Market Outlook
- Sell EUR/USD and set a take profit at 1,1500.
- Add a stop-loss at 1,1650.
- Timetable: 1-2 days.
Forex Signal EUR/USD: Market Recovery Finds Strong Resistance.
Bull Market Outlook
- Set a buy-stop at 1,1600 and a take profit at 1,1700.
- Add a stop-loss at 1,1500.
EUR/USD was little changed as investors refocused on the Fed decision and US employment figures. The pair is trading at 1,1587 where it has been for the past two days.
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