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EUR/USD Signal - Fed's Powell speech - 06 Dec 2018

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Signal Details
Entry Price: 
1.1320
Take Profit: 
1.1360
Stop Loss: 
1.1300
Direction: 
High
Result: 
Profit
How we trade
5/5 of 5 ratings

The Euro continues to be under pressure despite positive developments in the bond markets. The common currency is trading down close to 1.1330 with little room for growth in the near term. Today's focus will be on the upcoming US data and Fed's Powell speech that is scheduled later on.

eurusd signal 06 dec 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.