Forex Signal For EUR/USD: A Possible Help Meeting at Oversold Level
Forex Signal For EUR/USD: A Possible Help Meeting at Oversold Level
There is a possibility that a charity rally will take place in the near term.
Bull Market Outlook
- Set a buy-stop at 1,1750 and a take profit at 1,1850.
- Add a stop-loss at 1,1650.
- Timetable: 1-2 Days
Forex Signal For EUR/USD: A Possible Help Meeting at Oversold Level
Bear Market Outlook
- Take a sell-stop at 1,1690 and a profit at 1,1600.
- Add a stop-loss at 1,1750.
EUR/USD price slumped after relatively weak German sentiment data and an overnight vote on infrastructure in the US. The focus is now shifting to the latest German and US inflation figures and
The pair dropped to a monthly low of 1,1700.
You may also be interested in: