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EUR/USD Signal - Eurozone Industrial Production - 16 Apr 2020

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Signal Details
Entry Price: 
1.0900
Take Profit: 
1.0820
Stop Loss: 
1.0930
Direction: 
Sell
Result: 
Profit
How we trade
Average: 4.8 (17 votes)

EURUSD is trading below 1.09 level ahead of the Eurozone Industrial figures. If the Industrial Production prints below the forecast we may see the euro going south. The market continues to shun risk which bode well for the U.S. dollar. Forex traders will also follow the Initial Jobless Claims in the US.

eurusd signal 16 apr 2020

Submitted by Toni H. on Thu, 16 Apr 2020 06:05:29 GMT

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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.

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