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Forex Signal for EUR/USD: More Weakness Looks Likely as Prices Rise!
Weakness-The Pair Is Likely To Continue İts Downtrend As The Bears Attempt To Break Below This Month's Low Of 1,1850.The Pair Is Likely
Yazar: Ross Sutton
Yayınlanma: 30 Haziran 2021 16:38
Güncellenme: 17 Kasım 2024 01:47
Forex Signal for EUR/USD: More Weakness Looks Likely as Prices Rise!
Forex Signal for EUR/USD: More Weakness Looks Likely as Prices Rise! The Pair Is Likely To Continue Its Downtrend As The Bears Attempt To Break Below This Month's Low Of 1,1850. Bear Market Outlook - Add sell to take profit on EUR/USD 1,1825. (78.6 % non-trend price movement) - Add a stop-loss at 1.1985. (78.6 % non-trend price movement) - Timetable: 1-2 days.The Pair Is Likely To Continue Its Downtrend As The Bears Attempt To Break Below This Month's Low Of 1,1850.
Bull Market Outlook - Set a buy-stop for the 1,1930 level and a take profit for 1,2000. - Add a stop-loss at 1,1850. EUR/USD is trending upwards ahead of Eurozone consumer inflation and US home sales data. The pair rallied to the 1,1900s, slightly above yesterday's low of 1,1880.
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