EUR/NZD Signal - EUR ECB President Speech - 14 Oct 2020

Signal Details

Entry Price:

1.7635

Take Profit:

1.7522

Stop Loss:

1.7736

Direction:

Sell

How we trade

EUR/NZD is trending to the downside today prior to European Central Bank President's speech. President Lagarde holds press conferences, detailing how the ECB observes the current and future state of the European economy. We anticipate continued Euro downside, with the pair technically trading below the 1h 50 moving average.

Submitted by Toni H. on Wed, 14 Oct 2020 05:40:30 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

EUR/NZD Signal - EUR ECB President Speech - 14 Oct 2020

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