Forex Signal For EUR/USD: Bearish Flag Forms on Daily Chart.
Forex Signal For EUR/USD: Bearish Flag Forms on Daily Chart.
The pair is likely to break lower in the coming days as traders foresee a divergence between the Fed and the ECB.
Bear Market Outlook
- Sell EUR/USD and set a take profit at 1,1250.
- Add a stop-loss at 1,1430.
- Timetable: 3 days.
Forex Signal For EUR/USD: Bearish Flag Forms on Daily Chart.
Bull Market Outlook
- Set a buy-stop at 1,1390 and a take profit at 1,1450.
- Add a stop-loss at 1,1300.
The EUR/USD pair edged higher on Friday as investors reflected on the latest US jobs numbers and traded at 1,1360, above the 1,1280 last week's high.
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