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EUR/USD Signal - German Factory Orders - 06 Aug 2019

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Signal Details
Entry Price: 
1.1200
Take Profit: 
1.1250
Stop Loss: 
1.1170
Direction: 
High
Result: 
Loss
How we trade
4.7/5 of 7 ratings

The euro extended its gains amid trade wars and currency manipulations. EURUSD made a bullish reversal candle on the daily chart and we may see another test to 1.1250 level. A better than expected German data will help the euro to extend its recovery.

eurusd signal 06 aug 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.