Forex Signal For EUR/USD: Sales Rise Before Consumer Confidence Data.
Forex Signal For EUR/USD: Sales Rise Before Consumer Confidence Data.
With the overall trend to the downside, the pair is likely to drop to 1,0600.
Bull Market View
- Buy the EUR/USD pair and earn a profit from 1,0807.
- Add a stop-loss to 1,0650.
- Timeline: One day.
Forex Signal For EUR/USD: Sales Rise Before Consumer Confidence Data.
Bear Market View
- Set up sales stop at 1,0680 and take a profit at 1,0600.
- Add a stop-loss to 1,0750.
The EUR/USD couple is traded in 1,0715, which is about 13,32% lower than the highest level in 2020, even after Emmanuel Macron's strong victory and favorable business sensitivity data in Germany.
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