Forex Signal For EUR/USD: The pair remains in the Consolidation Phase.
Forex Signal For EUR/USD: The pair remains in the Consolidation Phase.
The pair will likely stay in this range as traders await upcoming US consumer and producer inflation data.
Bear Market Outlook
Sell the EUR/USD pair and take a profit at 1,0100.
Add a stop-loss at 1,0250.
Timetable: 1-2 days.
Forex Signal For EUR/USD: The pair remains in the Consolidation Phase.
Bull Market Outlook
Take a buy stop at 1,0235 and a profit at 1,0300.
Add a stop-loss at 1,0160.
EUR/USD has been trading sideways at 1,0188 in the US and Asian sessions for the past few days as investors focus on the Senate's latest spending package.