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EUR/USD Signal - German IFO data - 25 Nov 2019

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Signal Details
Entry Price: 
1.1030
Take Profit: 
1.1000
Stop Loss: 
1.1060
Direction: 
Low
Result: 
Profit
How we trade
Average: 5 (3 votes)

The fading US-China trade optimism continue to weight on the euro. Last week, ECB President Lagarde called for fiscal boost which send EURUSD lower. Today, if the German IFO numbers print below estimates, we may see the pair plunging further down.

eurusd signal 25 nov 2019

Submitted by Toni H. on Mon, 25 Nov 2019 08:57:31 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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