Forex Signal For EUR/USD: How Much The Euro Will Go Up Unpredictable.
Forex Signal For EUR/USD: How Much The Euro Will Go Up Unpredictable.
The next key piece of data to watch will be the first estimate of European GDP data scheduled for Tuesday morning.
Bull Market Outlook
- Buy EUR/USD and take profit at 1,0510.
- Add a stop loss at 1,020.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: How Much The Euro Will Go Up Unpredictable.
Bear Market Outlook
- Set a sell stop at 1,0250 and a take profit at 1,0150.
- Add a stop-loss at 1,0350.
While the pullback in the US dollar continued, the EUR/USD price remained stable and rallied to 1,0360, the highest level since August 11 after Fed officials' dovish comments.
The pair is up more than 8% from its lowest point this year.
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