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Forex Signal For EUR/USD: Another Drop In The Pair Can't Be Neglected

Forex Signal For EUR/USD: Another Drop In The Pair Can't Be Neglected Forex Signal For EUR/USD: Another Drop In The Pair Can't Be Neglected

Forex Signal For EUR/USD: Another Drop In The Pair Can't Be Neglected
Yazar: Ross Sutton

Yayınlanma: 16 Ağustos 2022 14:05

Güncellenme: 7 Kasım 2024 07:17

Forex Signal For EUR/USD: Another Drop In The Pair Can't Be Neglected

    Forex Signal For EUR/USD: Another Drop In The Pair Can't Be Neglected The pair will likely continue to decline as long as the sellers target the second support at 1,005.  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and take a profit at 1,005.
  • Add a stop-loss at 1,0245.
  • Timeline: 1 day.
 

Forex Signal For EUR/USD: Another Drop In The Pair Can't Be Neglected

 

Bull Market Outlook

 
  • Set a buy stop at 1,0240 and a buy price at 1,0365.
  • Add a stop-loss at 1,0150.
The EUR/USD price fell sharply to 1,0155, its lowest level since August 5th of this year, as risks of further economic trouble in Europe continue to abate. It's down more than 2% from this month's high.   eurusd-crispus-16082022  

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