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Forex Signal For EUR/USD: Extremely Bearish Ahead of US Data

Forex Signal For EUR/USD: Extremely Bearish Ahead of US Data Forex Signal For EUR/USD: Extremely Bearish Ahead of US Data

Forex Signal For EUR/USD: Extremely Bearish Ahead of US Data
Yazar: Ross Sutton

Yayınlanma: 10 Ekim 2022 18:04

Güncellenme: 8 Aralık 2024 06:17

Forex Signal For EUR/USD: Extremely Bearish Ahead of US Data

    Forex Signal For EUR/USD: Extremely Bearish Ahead of US Data   The pair will likely continue to decline as long as the sellers aim the next key support level at 0,9540.  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and take profit at 0,9540.
  • Add a stop-loss at 0,9900.
  • Timetable: 3 days.
 

Forex Signal For EUR/USD: Extremely Bearish Ahead of US Data

 

Bull Market Outlook

 
  • Set a buy stop at 0,9800 and a take profit at 1,000.
  • Add a stop-loss at 0,9700.
  The EUR/USD price continued to drop on Monday morning after the ongoing crisis in Ukraine, with strong American employment figures slipping to 0,9742, the lowest since Sept. 30. This price was about 2,58% below last week's high.   eurusd10102022  

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