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EUR/USD Signal - Germany Factory Orders - 05 Jul 2019

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Signal Details
Entry Price: 
1.1260
Take Profit: 
1.1200
Stop Loss: 
1.1280
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 5 ratings

The euro plunged down after the poor data from Germany. EURUSD might slide further down if the US jobs data beats the estimates. The Nonfarm payrolls report is expected to expand by 160K new jobs in June. The broad-based US dollar strength might continue.

eurusd signal 05 jul 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.