Forex Signal For EUR/USD: Uptrend Not Broken During Recovery
Forex Signal For EUR/USD: Uptrend Not Broken During Recovery
After the US released the latest producer price index (PPI) data, the
EUR/USD parity also declined.
Bear Market View
- Sell EUR/USD and take profit at 1.0190.
- Add a stop-loss at 1.0470.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Uptrend Not Broken During Recovery
Bull Market View
- Set buy stop at 1.0380 and take profit at 1.0500.
- Add a stop-loss at 1.0250.
EUR/USD price slipped back slightly in the overnight session as the strong rally paused and fell to 1,0285 after the latest EU GDP data and US producer price index (PPI) figures.
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