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EUR/USD Signal - German IFO Business Climate - 26 Aug 2019

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Signal Details
Entry Price: 
1.1150
Take Profit: 
1.1180
Stop Loss: 
1.1130
Direction: 
High
Result: 
Loss
How we trade
5/5 of 3 ratings

On Friday EURUSD gained 100 pips but the bullish reversal may remain elusive because of the US-Sino trade tensions. However, if the German IFO data prints above estimates the common currency may continue north. The US Durable Goods orders will also give some insights for today trading.

eurusd signal 26 aug 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.