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EUR/USD Signal - ECB Legarde policy speech - 22 Nov 2019

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Signal Details
Entry Price: 
1.1060
Take Profit: 
1.1120
Stop Loss: 
1.1030
Direction: 
High
Result: 
Loss
How we trade
Average: 5 (5 votes)

EURUSD is trading at 1.1070 ahead of a busy day. ECB President Legarde will speak on her first major policy meeting and the probability of sounding hawkish is high. We may see the euro on the rise as Germany avoided recession in the third quarter. Forex traders will also follow the Eurozone and Germany PMI numbers.

eurusd signal 22 nov 2019

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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.