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EUR/USD binary signal - ECB's Mersch speech - 29 May 2018

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Signal details
Entry Price: 
1.1515
Close Price: 
1.1539
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 12 ratings

The selling pressure around the Euro remains with growing concerns about political uncertainty in Italy. Traders will be looking for ECB's Mersch speech later today at 10:30 GMT. Meanwhile EURUSD is trading lower around 1.1570, in our views the pair still has downside on the charts and we expect to find support close to 1.1500 and potentially close higher for 21:00 GMT expiry.

binary trading signal 29 may 2018

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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.