Forex Signal For EUR/USD: Still Range-Bound, Breakout Possible.
Forex Signal For EUR/USD: Still Range-Bound, Breakout Possible.
The pair is likely to continue lower as the Bear Market targets key support at 1,1235.
Bear Market Outlook
- Sell EUR/USD and set a take profit at 1,1235.
- Add a stop-loss at 1,1350.
- Timetable: 1 day.
Forex Signal For EUR/USD: Still Range-Bound, Breakout Possible.
Bull Market Outlook
- Buy EUR/USD and take a profit at 1,1350.
- Add a stop-loss at 1,1250.
EUR/USD fell slightly to 1,1290, its lowest level since Thursday last week, as US stocks continued their Christmas rally.
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