Forex Signal For EUR/USD: Reversal Sell Stop Patterns
Forex Signal For EUR/USD: Reversal Sell Stop Patterns
While the pair will likely continue to rise, there is a possibility that it will continue its downtrend in the next few days.
Bear Market Outlook
- Set a sell-stop at 1,1700 and a take profit at 1,1600
- Add a stop-loss at 1,1750.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Reversal Sell Stop Patterns
Bull Market Outlook
- Set a buy-stop at 1,1800 and a take profit at 1,1900.
- Add a stop-loss at 1,1740.
EUR/USD price rallied to 1,1750 after rebounding on Wednesday after the US released July inflation figures, falling to a multi-month low of 1,1706.
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