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EUR/USD Signal - EU Consumer Price Index - 17 Jan 2019

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Signal Details
Entry Price: 
1.1400
Take Profit: 
1.1310
Stop Loss: 
1.1430
Direction: 
Low
Result: 
Profit
How we trade
4.9/5 of 13 ratings

The Euro continues to be under pressure amid political uncertainty in the UK and dovish ECB comments. President Draghi warned about economy slowdown. The common currency was also hit by the news of lower than expected German GDP. Today, traders will eye inflation reports from the Eurozone.

eurusd signal 16 jan 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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.