Forex Signal For EUR/USD: Relief Rally Will Continue for a Time.
Forex Signal For EUR/USD: Relief Rally Will Continue for a Time.
There is a possibility that the pair will continue its bullish momentum ahead of the upcoming ECB decision.
Bull Market Outlook
- Buy EUR/USD and take a profit at 1,1300.
- Add a stop-loss at 1,1150.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Relief Rally Will Continue for a Time.
Bear Market Outlook
- Take a sell-stop at 1,1170 and a profit at 1,1100.
- Add a stop-loss at 1,1250.
EUR/USD recovered on the first day of the month and traded at 1,1215, roughly 0,80% above January lows, reflecting the latest economic data from the Eurozone by investors.
You may also be interested in: