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

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Signal Details
Entry Price: 
1.0900
Take Profit: 
1.0830
Stop Loss: 
1.0930
Direction: 
Low
Result: 
Loss
How we trade
5/5 of 4 ratings

EURUSD is trading lower at 1.0890, yesterday the pair registered the biggest quarterly drop since 2018. The German recession fears and the dovish ECB may push the euro further down. Today's focus will be on the Eurozone inflation data, the CPI report is expected to confirm 1% rise in the cost of living.

eurusd signal 01 oct 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.