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

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Signal Details
Entry Price: 
1.1050
Take Profit: 
1.1100
Stop Loss: 
1.1020
Direction: 
High
Result: 
Void
How we trade
5/5 of 4 ratings

The euro is trading higher despite the drop in German factory orders. The German economy slowdown is priced in to a greater extend. However, forex traders will want to see the Non-Manufacturing PMI numbers from the US before take any action.

eurusd signal 05 sep 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.