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Forex Signal For EUR/USD: Bear Market in Control as Euro Drops

Forex Signal For EUR/USD: Bear Market in Control as Euro Drops Forex Signal For EUR/USD: Bear Market in Control as Euro Drops Forex Signal

Forex Signal For EUR/USD: Bear Market in Control as Euro Drops
Yazar: Ross Sutton

Yayınlanma: 19 Ağustos 2021 13:19

Güncellenme: 6 Kasım 2024 19:06

Forex Signal For EUR/USD: Bear Market in Control as Euro Drops

  Forex Signal For EUR/USD: Bear Market in Control as Euro Drops   The psychological level of 1,1600 tends to be the next key level to watch.    

Bear Market Outlook

 
  • Sell ​​EUR/USD and set a take profit at 1,1600.
  • Add a stop-loss at 1,1800.
  • Timetable: 2-3 days.
 

Bull Market Outlook

 
  • Set a buy-stop at 1,1750 and a take profit at 1,1850.
  • Add a stop-loss at 1,1650.
  The EUR/USD pair fell to its lowest level since November 2020 as Covid-19 risks continued. Investors also reacted to the latest housing statistics and FOMC minutes from the US.   eurusd_crispus_19082021  

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