Forex Signal For EUR/USD: Bull Market Looks Tired Ahead of Lagarde Statement.
Forex Signal For EUR/USD: Bull Market Looks Tired Ahead of Lagarde Statement.
The
EUR/USD price has been on a steady uptrend for the past few weeks as investors focus on the possible Fed axis.
Bear Market Outlook
- Sell EUR/USD and take profit at 1,0300.
- Add a stop-loss at 1,0500.
Forex Signal For EUR/USD: Bull Market Looks Tired Ahead of Lagarde Statement.
Bull Market View
- Buy EUR/USD and take profit at 1,0500.
- Add a stop-loss at 1,0300.
The EUR/USD price remained consolidating near this month's high ahead of the upcoming US and European consumer confidence data, while trading at 1,0482, slightly below 1,0482 this month's high.
It has jumped over 9% from this year's low.
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