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EUR/USD Signal - German Harmonized CPI - 29 Aug 2019

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Signal Details
Entry Price: 
1.1080
Take Profit: 
1.1120
Stop Loss: 
1.1050
Direction: 
High
Result: 
Loss
How we trade
5/5 of 3 ratings

EURUSD is trading near 1.1080 ahead of the German inflation data. The recession fears are already priced and we may see some recovery on the euro chart. However, if the inflation numbers are below the expectations the common currency may drop even further.

eurusd signal 29 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.