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EUR/USD Signal - US Inflation report - 13 Aug 2019

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Signal Details
Entry Price: 
1.1220
Take Profit: 
1.1260
Stop Loss: 
1.1200
Direction: 
High
Result: 
Loss
How we trade
5/5 of 3 ratings

EURUSD is trading close to 1.1220 level ahead of the US CPI data. Forex traders will watch closely the US inflation data as the next Fed's rate decision will depend heavily on price development. If we see disappointing data such as 2% or lower the US dollar may drop.

eurusd signal 13 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.