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EUR/USD Signal - Germany Unemployment Rate - 31 Mar 2020

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Signal Details
Entry Price: 
1.1000
Take Profit: 
1.0950
Stop Loss: 
1.1050
Direction: 
Sell
Result: 
Profit
How we trade
Average: 4.6 (11 votes)

EURUSD is trading lower ahead of important EU reports. Traders will wait for the German jobs data and the Eurozone inflation data. If we see lower than expected numbers the euro may plunge further down. However, risk reset and U.S. dollar sell-off is also on the cards with China's PMI bettering estimates.

eurusd signal 31 mar 2020

Submitted by Toni H. on Tue, 31 Mar 2020 07:32:43 GMT

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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.

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