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EUR/USD Signal - European Commission decision on Italy - 21 Nov 2018

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Signal Details
Entry Price: 
1.1400
Take Profit: 
1.1450
Stop Loss: 
1.1380
Direction: 
High
Result: 
Loss
How we trade
5/5 of 4 ratings

The Euro bounced from 1.1220 lows to reach 1.1450 level where the pair maid correction. Today, the European Commission will response to Italy's draft budget as the country refuses to reduce the planned deficit. Despite the tension between the EU and Italy, we would expect EURUSD to continue north.

eurusd signal 21 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.