Forex Signal For EUR/USD: Rangebound Seems Permanent for Now
Forex Signal For EUR/USD: Rangebound Seems Permanent for Now
The euro/dollar will continue to be maintained in this area as investors will reflect geopolitical and US consumer confidence data.
Bear Market View
- Sell EUR/USD pair and profit as 1,0930.
- Add a stop-loss to 1,1050.
- Timeline: 1-2 days.
Forex Signal For EUR/USD: Rangebound Seems Permanent for Now
Bull Market View
- One buy-stop at 1,1035 and a profit at 1,1100.
- Add a stop-loss to 1,0950.
EUR/USD parity remained level as investors watched the upcoming Ukrainian negotiations and bond market performance in Turkey.
It has been trading at 1,1100 for the past few days.
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