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EUR/USD Signal - Eurozone Inflation data - 01 Mar 2019

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Signal Details
Entry Price: 
1.1350
Take Profit: 
1.1400
Stop Loss: 
1.1330
Direction: 
High
Result: 
Profit
How we trade
5/5 of 12 ratings

Yesterday, the Euro picked up a bid to reach 1.1420 high but gave all the gains during the US session. The common currency is now trading near 1.1370 and it might revisit 1.1400 level if the Eurozone inflation data beats estimates. Forex traders will also follow the German employment data and the US Manufacturing PMI report.

eurusd signal 01 mar 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.