Forex Signal For EUR/USD: Negative Zone Expands Before EU Retail Data.
Forex Signal For EUR/USD: Negative Zone Expands Before EU Retail Data.
The pair will likely continue to decline as long as the sellers aim the initial support of the standard pivot point at 1,0130.
Bear Market Outlook
- Sell the EUR/USD pair and take a profit at 1.0100.
- Add a stop-loss at 1.0250.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Negative Zone Expands Before EU Retail Data.
Bull Market Outlook
- Set a buy stop at 1,0240 and a take profit at 1,0350.
- Add a stop-loss at 1,0100.
As tensions between the US and China persist and the EUR/USD price continues its downward trend, it fell to 1,0178 last week, its lowest level since Thursday.
The pair is down more than 1,20% from this week's high.
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