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EUR/USD Signal - US Consumer Price Index - 14 Jan 2020

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Signal Details
Entry Price: 
1.1120
Take Profit: 
1.1160
Stop Loss: 
1.1090
Direction: 
High
Result: 
Profit
How we trade
Average: 5 (6 votes)

EURUSD is trading lower ahead of the US inflation data. Meanwhile, the US removed the currency manipulator label from China as a gesture of goodwill ahead of Wednesday's trade agreement. The markets are expected to cheer the deal and the safe-haven dollar might fall under selling pressure.

eurusd signal 14 jan 2019

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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.