Forex Signal For EUR/USD: To Break Down Bearish Points
Forex Signal For EUR/USD: To Break Down Bearish Points
The pair will likely continue its uptrend as the Bull market targets the next key resistance at 1,200.
Bull Market Outlook
- Buy parity and make a profit at 1,1950.
- Add profit at 1,1750
- Timetable: 1 day.
Forex Signal For EUR/USD: To Break Down Bearish Points
Bear Market Outlook
- Set to take a sell-stop at 1,1750 and a gain at 1,1600.
- Add a stop-loss at 1,1850.
The
EUR/USD pair edged higher during the night session after mixed data on US consumer confidence and durable goods orders. It rose to 1,1836, slightly higher than this week's low of 1,1755.
You may also be interested in: