Forex Signal For EUR/USD: Stuck in a Narrow Range, But Looks Like an Effort to Break Out.
Forex Signal For EUR/USD: Stuck in a Narrow Range, But Looks Like an Effort to Break Out.
EUR/USD continued to consolidate ahead of the upcoming US non-farm payrolls (NFP) data.
Bear Market View
- Sell EUR/USD and take a profit at 0,9900.
- Add a stop-loss at 1,0100.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Stuck in a Narrow Range, But Looks Like an Effort to Break Out.
Bull Market Outlook
- Set a buy stop at 1,0095 and a take profit at 1,0020.
- Add a stop-loss at 0,9950.
EUR/USD price slides upwards following the latest European consumer inflation data and climbs to 1,0073, just above last month's low of 0,9900.
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