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

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Signal Details
Entry Price: 
1.1090
Take Profit: 
1.1050
Stop Loss: 
1.1120
Direction: 
Low
Result: 
Profit
How we trade
4.5/5 of 6 ratings

The euro is trading lower despite the positive numbers from Germany and the EU Retail Sales. EURUSD is trading a few pips above the recent lows. The German Factory Orders beat the estimates with 1.3% in September. Forex traders will also follow the US Nonfarm Productivity numbers for some fresh impetus.

eurusd signal 06 nov 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.