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EUR/USD Signal - Eurozone core inflation - 01 Apr 2019

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Signal Details
Entry Price: 
1.1250
Take Profit: 
1.1200
Stop Loss: 
1.1270
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 7 ratings

The upbeat China data helped the Euro to bounce from the lows. However, the EURUSD recovery seems limited as the Eurozone core inflation disappointed. Forex traders will focus now on US manufacturing and retail sales data, if the numbers beat the estimates we might see the Euro further struggling.

eurusd signal 01 apr 2019

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.