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EUR/USD Signal - FOMC Member Williams speech - 04 Dec 2018

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Signal Details
Entry Price: 
1.1400
Take Profit: 
1.1360
Stop Loss: 
1.1420
Direction: 
Low
Result: 
Profit
How we trade
4.4/5 of 7 ratings

EURUSD is heading towards important resistance level 1.1400 with both scenarios on the cards. We might see the pair bouncing off 1.1400 or closing above. Traders will have to take decisions on a light calendar in Europe with only the PPI release scheduled for today. On the other side the FOMC member Williams speech might offer some incentives to the forex traders.

eurusd signal 04 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.