Forex Signal For EUR/USD: Extremely Downtrend Below 1,1750
Forex Signal For EUR/USD: Extremely Downtrend Below 1,1750
The pair will likely continue the downtrend as traders target the key support at 1,1700.
Bear Market Outlook
- Take a sat-stop at 1,1755 and a profit at 1,1700.
- Add a stop-loss at 1,1800.
- Timetable: 1 day.
Forex Signal For EUR/USD: Extremely Downtrend Below 1,1750
Bull Market Outlook
- Set a buy-stop at 1,1800 and take a profit at 1,1900.
- Add a stop-loss at 1,1750.
EUR/USD fell to a significant support level as the US dollar rebounded after strong non farm payrolls. The pair dropped to 1,1755, the lowest since July 23.
You may also be interested in: