EUR/SGD Signal - EUR CPI Data - 18 Nov 2020

Signal Details

Entry Price:

1.5924

Take Profit:

1.5880

Stop Loss:

1.5955

Direction:

Sell

Result:

Loss

How we trade

EURSGD is trending to the downside today prior to the EUR consumer price index data. The data captures the changes in the price of goods and services. Technically the pair is trading below the 1h 21, 50, 100 & 200 moving averages, and has broken a 1h 'double top' neckline indicating potential downside.

Submitted by Toni H. on Tue, 17 Nov 2020 23:19:39 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/SGD Signal - EUR CPI Data - 18 Nov 2020

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