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EUR/USD binary signal - Euro extends declines - 08 Jun 2018

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Signal details
Entry Price: 
1.1730
Close Price: 
1.1766
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 4 ratings

At the end of May, after the falling wedge pattern formation the Euro started to recover and the uptrend is likely to continue. Meanwhile the selling bias appears to have re-emerged around the common currency with today's drops in consideration. We expect EURUSD to eventually find support around 1.1730 where to retrace some of the recent losses and close higher on the day.

binary trading signal eurusd 08 jun 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.