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Forex Signal For EUR/USD: Parity Is Likely to Recover Ahead of Fed Decision

Forex Signal For EUR/USD: Parity Is Likely to Recover Ahead of Fed Decision Forex Signal For EUR/USD: Parity Is Likely to Recover Ahead

Forex Signal For EUR/USD: Parity Is Likely to Recover Ahead of Fed Decision
Yazar: Ross Sutton

Yayınlanma: 31 Ekim 2022 13:12

Güncellenme: 10 Kasım 2024 19:49

Forex Signal For EUR/USD: Parity Is Likely to Recover Ahead of Fed Decision

    Forex Signal For EUR/USD: Parity Is Likely to Recover Ahead of Fed Decision   The EUR/USD and EU bond yields fell in Euros because their statements sounded a little bit like pigeons.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and take a profit at 1,0100.
  • Add a stop-loss at 0,9850.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Parity Is Likely to Recover Ahead of Fed Decision

 

Bear Market Outlook

 
  • Set a sell stop at 0,9950 and a take profit at 0,9850.
  • Add a stop-loss at 1.0100.
  EUR/USD fell slightly to 0,9965, lower than last week's high of 1,0095, after the ECB 's latest rate decision and strong US PCE data. The price remained roughly 4,47% above the October low.   eurusd_31102022_cryspus  

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