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Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.

Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases. Forex Signal For EUR/USD: Starry US Data Points to Higher Fed

Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.
Yazar: Ross Sutton

Yayınlanma: 6 Aralık 2022 17:55

Güncellenme: 25 Mayıs 2024 11:23

Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.

    Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.   EUR/USD price continued to decline after relatively weak retail sales data.  

Bull Market Outlook

 
  • Buy EUR/USD and take profit at 1,0600.
  • Add a stop-loss at 1,0400.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.

 

Bear Market Outlook

 
  • Set a sell stop at 1,0450 and a take profit at 1,0350
  • Add a stop-loss at 1,0550.
  EUR/USD fell to 1,0497, much lower than 1,0600 this month's high, amid continuing concerns about the pace of Fed rate hikes. It remains significantly higher than the November low of 0,9730.   eurusd_06122022_cryspus

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