Forex Signal For EUR/USD: No End of Euro Sell.
Forex Signal For EUR/USD: No End of Euro Sell.
The path of least resistance for the pair is to the downside.
Bear Market Outlook
- Sell EUR/USD and set a take profit at 1,1300.
- Add a stop-loss at 1,1500.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: No End of Euro Sell.
Bull Market Outlook
- Take a buy-stop at 1,1532 and a profit at 1,1600.
- Add a stop-loss at 1,1450.
EUR/USD is trading at 1,1415, roughly 7,60% below this year's high, dropping to its lowest level since July 2020 ahead of the latest EU GDP data and US retail sales figures. The pair is down more than 2% this month.
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