Forex Signal For EUR/USD: Expected Profit Will Occur as Focus Shifts to ECB.
Forex Signal For EUR/USD: Expected Profit Will Occur as Focus Shifts to ECB.
The pair will continue to maintain its bullish trend ahead of the upcoming ECB decision.
Bull Market Outlook
- Buy the EUR/USD pair and set it to take a profit at 1,1950.
- Add a stop-loss at 1,1800.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Expected Profit Will Occur as Focus Shifts to ECB.
Bear Market Outlook
- Set sell stop at 1,1850 and take profit at 1,1750.
- Add a stop-loss at 1,1950.
The EUR/USD price continued its upward trend on Monday morning as investors reacted to the relatively mixed US employment numbers. The pair is trading at 1,1880, a few pips below last week's high of 1,1910.
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