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EUR/USD Signal - EU Consumer Price Index - 16 Oct 2019

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Average: 5 (9 votes)

EURUSD is trading higher amid positive Brexit negotiations and US-Sino trade talks. We may see the pair reaching 1.11 level especially if the US Retail Sales data prints below estimates. Today, traders will follow closely the Brexit talks and the US data. A weak data would bolster the dovish Fed expectations.

eurusd signal 16 oct 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.