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Forex Signal For EUR/USD: Shows Cautious Optimism Ahead of ECB Decision.

Forex Signal For EUR/USD: Shows Cautious Optimism Ahead of ECB Decision. Forex Signal For EUR/USD: Shows Cautious Optimism Ahead of ECB

Forex Signal For EUR/USD: Shows Cautious Optimism Ahead of ECB Decision.
Yazar: Ross Sutton

Yayınlanma: 3 Şubat 2022 13:40

Güncellenme: 11 Kasım 2024 07:11

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).   eurusd-crispus-03022022  

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