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EUR/USD Signal - German Manufacturing PMI - 18 Apr 2019

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Signal Details
Entry Price: 
1.1300
Take Profit: 
1.1220
Stop Loss: 
1.1320
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 10 ratings

The Euro repeatedly failed to close above 1.1300 on the daily chart and that might be a sign of weakness. If the German and Eurozone PMIs miss estimates we might see some sell-off for today. Forex traders will also watch closely the US Retail Sales data which is scheduled for 12:30 GMT.

eurusd signal 18 apr 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.