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EUR/USD binary signal - German prelim CPI report - 30 May 2018

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Signal details
Entry Price: 
1.1640
Close Price: 
1.1661
Direction: 
Low
Expiry Time: 
21:00 GMT
Result: 
OTM
How we trade
5/5 of 6 ratings

The Euro was offered some support near 1.1520 by stabilizing Italian bond markets, attention now turns towards the German CPI report which is scheduled for 12:00 GMT later today. After a short term rally towards 1.1640 we would expect the EURUSD closing lower on the day.

binary trading signal eurusd 30 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.