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EUR/USD Signal - EUR Business Climate - 25 Feb 2021

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Signal Details
Entry Price: 
1.2169
Take Profit: 
1.2200
Stop Loss: 
1.2110
Direction: 
Buy
How we trade
Average: 3 (2 votes)

EURUSD is trending to the upside today prior to the EUR Business Climate data, which is based on monthly surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the euro area. Technically the pair is trading above the moving average, and price is holding above the 1.2145 pivot. We anticipate continued upside into the 1.2200 level.

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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.