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EUR/USD Signal - ECB Monetary policy statement - 13 Dec 2018

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Signal Details
Entry Price: 
1.1400
Take Profit: 
1.1350
Stop Loss: 
1.1420
Direction: 
Low
Result: 
Profit
How we trade
5/5 of 8 ratings

The Euro is heading towards 1.1400 level ahead of the ECB meeting that is expected to end the asset purchasing program. EURUSD regained positive traction on Wednesday amid renewed U.S. dollar selling bias and the pair might reach 1.1400 level in the near term. Now, the forex traders are looking forward to the ECB monetary policy update for some impetus.

eurusd signal 13 dec 2018

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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.