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EUR/USD Signal - Eurozone GDP Q2 - 31 Jul 2019

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EURUSD is trading close to 1.1150 after disappointing Eurozone inflation data. However, the Eurozone GDP grew by 0.2% in the second quarter. The next EURUSD direction will heavily depends on the Fed's rate decision. The pair may pick up a strong bid if Fed Chairman sounds more dovish than expected.

eurusd signal 31 jul 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.