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EUR/USD Signal - Eurozone Consumer Price Index - 07 Jan 2020

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Signal Details
Entry Price: 
1.1190
Take Profit: 
1.1250
Stop Loss: 
1.1160
Direction: 
High
Result: 
Void
How we trade
Average: 4.3 (7 votes)

EURUSD is trading higher ahead of the Eurozone inflation data. As Mid-East tensions are having a lesser effect on the markets, forex traders will follow closely the EU CPI figures and the US Non-Manufacturing PMI. A break above 1.12 might happen on weak US data.

eurusd signal 07 jan 2019

Submitted by Toni H. on Tue, 07 Jan 2020 09:07:58 GMT

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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.

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