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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. Forex Signal For EUR/USD: Stuck in a Narrow Range

Forex Signal For EUR/USD: Stuck in a Narrow Range, But Looks Like an Effort to Break Out.
Yazar: Ross Sutton

Yayınlanma: 1 Eylül 2022 14:27

Güncellenme: 8 Kasım 2024 18:40

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.   eurusd_01092022_cryspus  

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