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EUR/USD Signal - ECB President Draghi speech - 29 Nov 2018

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Signal Details
Entry Price: 
1.1400
Take Profit: 
1.1370
Stop Loss: 
1.1430
Direction: 
Low
Result: 
Profit
How we trade
4.9/5 of 7 ratings

Yesterday, the major pair jumped over 100 pips after the dovish comments from Fed's chairman Powell. Today, traders will eye the speech of ECB President Draghi who is scheduled to speak at 08:00 GMT. We see little room for more gains on the EURUSD and expected recovery in the aftermath.

eurusd signal 29 nov 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.