Forex Signal For EUR/USD: Expected New Catalyst in Range-Bound
Forex Signal For EUR/USD: Expected New Catalyst in Range-Bound
While the bears test the next level of key support at 1,0900, the parity will likely indicate a downward trend.
Bear Market View
- Sell EUR/USD pair and profit at 1,0895.
- Add a stop-loss to 1,1035.
- Timeline: 1-2 days.
Forex Signal For EUR/USD: Expected New Catalyst in Range-Bound
Bull Market View
- Buy Stop at 1,1045 and set profit at 1,1100
- Add a stop-loss to 1,0945.
As the crisis continued in Ukraine, the euro/dollar pair remained under pressure Monday morning, and this month's highest level dropped to 1,0985, slightly below 1,1137.
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