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EUR/USD Signal - EU Gross Domestic Product - 14 Feb 2020

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Signal Details
Entry Price: 
1.0850
Take Profit: 
1.0830
Stop Loss: 
1.0880
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 4 ratings

The euro remains pressured after Germany reported 0% growth in Q4 for 2019 which is worse than expected. The Eurozone GDP forecast also doesn't look very bright and could also point to zero growth. Forex traders will also follow the US Retail Sales data which is scheduled for 13:30 GMT later on today.

eurusd signal 14 feb 2020

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.