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EUR/USD Signal - German Producer Price Index - 20 Mar 2020

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Signal Details
Entry Price: 
1.0800
Take Profit: 
1.0950
Stop Loss: 
1.0750
Direction: 
Buy
Result: 
Loss
How we trade
Average: 4.9 (16 votes)

EURUSD has recovered 100 pips from 1.0660 bottom during Asia. Potential risk reset could slow down the demand for US dollars. We may see the euro recovering some of recent losses. Forex traders will follow the German Producer Price numbers for some fresh impetus.

eurusd signal 20 mar 2020

Submitted by Toni H. on Fri, 20 Mar 2020 06:14:00 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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