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EUR/USD Signal - US GDP Annualized Q1 - 26 Apr 2019

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5/5 of 4 ratings

EURUSD is consolidating near 1.1150 ahead of the important US GDP numbers. The Euro might recover some of the recent losses as the markets had already priced in the positive Q1 US GDP. On the other hand, if the GDP data beats the estimates by a big margin we might see the Euro plunging below 1.1100 level.

eurusd signal 26 apr 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.