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Forex Signal For EUR/USD: An Effort to Hold the Flag in a Bull Market to Be Competitive.

Forex Signal For EUR/USD: An Effort to Hold the Flag in a Bull Market to Be Competitive. Forex Signal For EUR/USD: An Effort to Hold the

Forex Signal For EUR/USD: An Effort to Hold the Flag in a Bull Market to Be Competitive.
Yazar: Ross Sutton

Yayınlanma: 10 Şubat 2022 13:20

Güncellenme: 12 Kasım 2024 23:40

Forex Signal For EUR/USD: An Effort to Hold the Flag in a Bull Market to Be Competitive.

    Forex Signal For EUR/USD: An Effort to Hold the Flag in a Bull Market to Be Competitive. Due to the bullish flag and competitive market, there is a possibility of a bullish breakout above 1,1500.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and take a profit at 1,1525.
  • Add a stop-loss at 1,1380.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: An Effort to Hold the Flag in a Bull Market to Be Competitive.

 

Bear Market Outlook

 
  • Take a sell-stop at 1,1420 and a profit at 1,1350.
  • Add a stop-loss at 1,1450.
  EUR/USD advanced on Thursday morning as US consumer price index (CPI) data, which comes into focus, traded at 1,1440, nearly 40 basis points above Tuesday's low.   eurusd-10022022  

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