Forex Signal For EUR/USD: Cautiously Optimistic.
Forex Signal For EUR/USD: Cautiously Optimistic.
The pair will likely rise before and after the ECB decision.
Bull Market Outlook
- Buy the EUR/USD pair and take a profit at 1,1360.
- Add a stop loss at 1,1200.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Cautiously Optimistic.
Bear Market Outlook
- Set a sell-stop at 1,1260 and a take-profit at 1,1200.
- Add a stop-loss at 1,1350.
EUR/USD fell and quickly wiped those losses after the Federal Reserve's decision on Wednesday to trade at 1,1288, a few points above this month's low of 1,1225.
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