Forex Signal For EUR/USD: The Sell Is Not Over Yet
Forex Signal For EUR/USD: The Sell Is Not Over Yet
A move above the resistance level at 1,0055 will invalidate the bearish view.
Bear Market Outlook
- Sell EUR/USD and take a profit at 0,9900.
- Add a stop-loss at 1,0050.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: The Sell Is Not Over Yet
Bull Market Outlook
- Set a buy stop at 1,0035 and a take profit at 1,0100.
- Add a stop-loss at 0,9950.
EUR/USD price slumped to a two-year low amid concerns over the European economy and, after falling to 0,9898, rose slightly above the pair after relatively weak economic data from the US.
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