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EUR/USD Signal - US Non-Manufacturing PMI - 05 Feb 2019

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Signal Details
Entry Price: 
1.1450
Take Profit: 
1.1390
Stop Loss: 
1.1470
Direction: 
Low
Result: 
Void
How we trade
5/5 of 10 ratings

The Euro will be challenged once again as the EU's growth data added more pressure to the downside. Today, traders will look forward to the EU Retail Sales report for some fresh impetus. The US Non-Manufacturing PMI will be released at 15:00 GMT, a better than expected data might also increase the demand for the U.S. dollar.

eurusd signal 05 feb 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. 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.