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EUR/USD Signal - ECB President Draghi speech - 12 Jun 2019

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Signal Details
Entry Price: 
1.1320
Take Profit: 
1.1290
Stop Loss: 
1.1340
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 8 ratings

EURUSD is trading lower at 1.1320 level, forex traders reacted negative on the euro after today's Draghi comments. The focus in now on the US CPI data which is expected to remain unchanged at 2.1% YoY. A better than expected US inflation numbers might send the U.S. dollar higher.

eurusd signal 12 jun 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.