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EUR/USD signal - EUR Retail Sales - 30 Sep 2020

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Signal Details
Entry Price: 
1.17472
Take Profit: 
1.17950
Stop Loss: 
1.16850
Direction: 
Buy
How we trade
Average: 5 (2 votes)

EUR/USD is trading to the upside today prior to EUR Retail Sales. The Retail Sales released by the Statistisches Bundesamt Deutschland is a measure of changes in sales of the German retail sector. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the EUR/USD into the 1.17950 level.

Submitted by Toni H. on Wed, 30 Sep 2020 01:45:46 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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