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Forex Signal For EUR/USD: Relief Rally Cannot be Excluded.

Forex Signal For EUR/USD: Relief Rally Cannot be Excluded. Forex Signal For EUR/USD: Relief Rally Cannot be Excluded.

Forex Signal For EUR/USD: Relief Rally Cannot be Excluded.
Yazar: Ross Sutton

Yayınlanma: 15 Kasım 2021 13:03

Güncellenme: 19 Kasım 2024 04:02

Forex Signal For EUR/USD: Relief Rally Cannot be Excluded.

  Forex Signal For EUR/USD: Relief Rally Cannot be Excluded. The pair will likely start a relief rally this week as the break and retest pattern takes place.  

Bull Market Outlook

 
  • Buy the EUR/USD pair and set a take profit at 1,1500.
  • Add a stop-loss at 1,1380.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Relief Rally Cannot be Excluded.

 

Bear Market Outlook

 
  • Take a sell-stop at 1,1400 and a profit at 1,1300.
  • Add a stop-loss at 1,1500.
  EUR/USD price hovers close to its lowest level since July 2020 as investors reflect on rising US inflation and the potential for a tighter global tightening. The pair is trading at 1,1443, about 2.2% below its October high this year.   eurusd-crispus-15112021  

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Forex Signal For AUD/USD: Relief Rally to Continue Ahead of RBA.

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