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EUR/USD Signal - Eurozone divided on coronabonds - 20 Apr 2020

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Signal Details
Entry Price: 
1.0850
Take Profit: 
1.0800
Stop Loss: 
1.0880
Direction: 
Sell
Result: 
Loss
How we trade
Average: 5 (9 votes)

EURUSD is trading lower amid economic slowdown in Europe. Moreover, the Eurozone countries are divided on fiscal spending. Italy, Spain and France insist for debt mutualization via coronabonds. On the other side, Germany and Netherlands are not buying the idea.

eurusd signal 20 apr 2020

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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.