Forex Signal For EUR/USD: Over-speculative Below 1,1720.
Forex Signal For EUR/USD: Over-speculative Below 1,1720.
The pair is likely to continue its downtrend as the bears try to break below 1,1700.
Bear Market Outlook
- Set to take a sell-stop at 1,1718 and a profit at 1,1600.
- Add a stop-loss at 1,1800.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Over-speculative Below 1,1720.
Bull Market Outlook
- Set a buy-stop at 1,1750 and a take profit at 1,1850.
- Add a stop-loss at 1,1700.
EUR/USD fell sharply as investors reflected increased risks in the market and mixed economic data.
The pair dropped to 1,1725, the lowest level since August 23.
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