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EUR/USD Signal - Germany ZEW Survey - 22 Jan 2019

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Signal Details
Entry Price: 
1.1370
Take Profit: 
1.1310
Stop Loss: 
1.1390
Direction: 
Low
Result: 
Void
How we trade
5/5 of 8 ratings

The Euro is trading little change to the upside at around 1.1360 level. The market is waiting on the German ZEW survey which is expected to confirm economic slowdown in the area. EURUSD might test 1.1310 level to the downside amid political turmoil in the UK and expected dovish ECB comments.

eurusd signal 22 jan 2019

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.