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EUR/USD Signal - German Harmonized CPI - 28 Feb 2020

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Signal Details
Entry Price: 
1.1000
Take Profit: 
1.0950
Stop Loss: 
1.1030
Direction: 
Sell
Result: 
Profit
How we trade
Average: 5 (11 votes)

EURUSD is trading at 1.10 ahead of the German Harmonized CPI which is scheduled for 13:00 GMT today. The markets already had priced in March Fed rate cut. Forex traders will follow the German jobs and inflation data and the US Personal Spending numbers.

eurusd signal 28 feb 2020

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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.