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EUR/USD Signal - EUR Unemployment Rate - 1 Sep 2021

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Signal Details
Entry Price: 
1.1810
Take Profit: 
1.17140
Stop Loss: 
1.1860
Direction: 
Sell
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Average: 5 (1 vote)

EURUSD has rebounded from the resistance trendline prior to the EUR Unemployment Rate data, which shows the percentage of the workforce unable to find work. Technically the pair has rebounded from the resistance trendline and the Parabolic SAR is now indicating downside. We are looking for downside into the 1.1714 level.

Submitted by Toni H. on Tue, 31 Aug 2021 23:02:05 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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