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EUR/USD Signal - German IFO Business Climate - 25 Mar 2019

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Signal Details
Entry Price: 
1.1320
Take Profit: 
1.1250
Stop Loss: 
1.1340
Direction: 
Low
Result: 
Profit
How we trade
4.6/5 of 10 ratings

EURUSD has retraced 50% of this month rally amid recession fears and poor data our of Germany. The German 10-year bond yield has fallen bellow zero. Today, forex traders will watch the IFO data coming from Germany for some fresh impetus.

eurusd signal 25 mar 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.