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EUR/USD Signal - EUR G7 Meeting - 11 Jun 2021

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Signal Details
Entry Price: 
1.2188
Take Profit: 
1.2140
Stop Loss: 
1.2215
Direction: 
Sell
How we trade
Average: 4.5 (2 votes)

EURUSD is struggling to find upside prior to the G7 Meeting. Technically the pair has been slightly stimulated by the ECB yesterday, however has been unable to make signifcant gains, and now is forming a wedge pattern. We anticipate downside on the major forex pair into the 1.2140 level.

Submitted by Toni H. on Fri, 11 Jun 2021 04:58:58 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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