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EUR/USD Signal - Fed's Chair Powell speech - 08 Oct 2019

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Signal Details
Entry Price: 
1.0960
Take Profit: 
1.0930
Stop Loss: 
1.0980
Direction: 
Low
Result: 
Void
How we trade
5/5 of 4 ratings

EURUSD is trading at 1.9060 level ahead of Fed's Powell speech. The US Core PPI printed below expectations but that didn't help the euro in today's trading. The common currency might plunge further down if Powell fade off recession fears.

eurusd signal 08 oct 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.