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EUR/USD Signal - ECB President Mario Draghi speech - 22 May 2019

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Signal Details
Entry Price: 
1.1170
Take Profit: 
1.1140
Stop Loss: 
1.1190
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 4 ratings

The Euro had some bullish attempt amid some Brexit hopes, but it didn't last long. The common currency was sent back to 1.1150 level in a few hours. The Euro's upside potential will likely be capped by the Brexit uncertainty and the US-China trade tensions. Today, ECB President Draghi did not comment on monetary policy, focus will shift towards FOMC minutes.

eurusd signal 22 may 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.