Forex Signal For EUR/USD: Shows Cautious Optimism Ahead of ECB Decision.
Forex Signal For EUR/USD: Shows Cautious Optimism Ahead of ECB Decision.
The pair is likely to hold steady ahead of the ECB followed by a pullback to take profits.
Bull Market Outlook
- Buy the EUR/USD pair and take a profit at 1,1350.
- Add a stop-loss at 1,1250.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Shows Cautious Optimism Ahead of ECB Decision.
Bear Market Outlook
- Set a sell-stop at 1,1290 and a take profit at 1,1240.
- Add a stop-loss at 1,1350.
EUR/USD continues its uptrend and is trading at 1,1300, significantly above last week's low of 1,1120 as investors await the next rate decision from the European Central Bank (ECB).
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