Forex Signal For EUR/USD: More Selling After Bearish Breakout.
Forex Signal For EUR/USD: More Selling After Bearish Breakout.
The pair is likely to continue falling with the next key support level at 1,1450.
Bear Market Outlook
- Place a sell trade on EUR/USD and set to take a profit at 1,1450.
- Add a stop-loss at 1,1580.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: More Selling After Bearish Breakout.
Bull Market Outlook
- Stop a buy at 1,1565 and take a profit at 1,1650.
- Add a stop-loss at 1,1500.
The EUR/USD price fell on Tuesday as investors focused on upcoming US inflation data as the pair fell to 1,1532, its lowest level since October 6th.
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