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Forex Signal for EUR/USD: ECB Driven Intact Bearish Trend

Forex Signal for EUR/USD: ECB Driven Intact Bearish TrendForex Signal for EUR/USD: ECB Driven Intact Bearish TrendForex Signal for EUR/USD:

Forex Signal for EUR/USD: ECB Driven Intact Bearish Trend
Yazar: Ross Sutton

Yayınlanma: 19 Temmuz 2021 18:37

Güncellenme: 7 Kasım 2024 04:55

Forex Signal for EUR/USD: ECB Driven Intact Bearish Trend

  Forex Signal for EUR/USD: ECB Driven Intact Bearish Trend   Awaiting the ECB decision, the pair will likely remain in the current range for a while.    

Bear Market Outlook

 
  • To take a profit at 1,1740 (S1 of the standard pivot point), add add EUR/USD and enter the sell.
  • Add a stop-loss at 1,1850.
  • Timetable: 1-2 days.

Forex Signal for EUR/USD: ECB Driven Intact Bearish Trend

Bull Market Outlook

 
  • Set a buy-stop at 1,1825 and a take profit at 1,1900.
  • Add a stop-loss at 1,1770.
  EUR/USD was little changed in the Asian session as it is expected to weigh the strong recovery in the US and the upcoming European Central Bank (ECB) decision. The pair continues to trade at 1,1805, where it closed last week.   eurusd-19072021  

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