Forex Signal For EUR/USD: Pairing Against Pair Still Looks Solid
Forex Signal For EUR/USD: Pairing Against Pair Still Looks Solid
The
EUR/USD pair rose slightly amid rising recession risks.
Bull Market Outlook
- Buy the EUR/USD pair and take a profit at 1,0000.
- Add a stop-loss at 0,9765.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Pairing Against Pair Still Looks Solid
Bear Market Outlook
- Sell the EUR/USD pair and take profit at 0,9750.
- Add a stop-loss at 0,9950.
The EUR/USD pair remained calm in the night session as the market reflected relatively weak European and American economic data, reaching 0,9893, its highest level since October.
The pair is up more than 3,56% from this month's low.
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