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Forex Signal For EUR/USD: Reaches 1,035, Appropriate Point for a Bullish Breakout.

Forex Signal For EUR/USD: Reaches 1,035, Appropriate Point for a Bullish Breakout. Forex Signal For EUR/USD: Reaches 1,035, Appropriate

Forex Signal For EUR/USD: Reaches 1,035, Appropriate Point for a Bullish Breakout.
Yazar: Ross Sutton

Yayınlanma: 2 Ağustos 2022 15:27

Güncellenme: 23 Kasım 2024 11:32

Forex Signal For EUR/USD: Reaches 1,035, Appropriate Point for a Bullish Breakout.

    Forex Signal For EUR/USD: Reaches 1,035, Appropriate Point for a Bullish Breakout.   The pair will likely continue to rise as long as the bulls aim for the key resistance level at 1,035 at R2 to watch.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and take a profit at 1,0350.
  • Add a stop-loss at 1,0225.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Reaches 1,035, Appropriate Point for a Bullish Breakout.

 

Bear Market Outlook

 
  • Take a sell stop at 1,0250 and take a profit at 1,0200.
  • Add a stop-loss at 1,0320.
The EUR/USD pair held steady, climbing to 1,0275, the highest since July 5 this year, as the market reflected significantly weak data from European and US dollar sales. The pair is up around 3,5% from its June low.   eurusd-crispus-02082022 (1)  

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