Sorry, you need to enable JavaScript to visit this website.

EUR/USD Signal - Italy Consumer Price Index - 17 May 2021

You are here

»
Signal Details
Entry Price: 
1.2131
Take Profit: 
1.2080
Stop Loss: 
1.2727
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURUSD is moving to the downside today prior to the Italy Consumer ice Index data, which measures the change in price for a reflective basket of goods and services to monitor inflation. Technically the pair has sold out of the trendline resistance and is forming a wedge pattern. We anticipate downside into the 1.2080 level.

Monitor your forex trade slippage with TradeProofer!

Submitted by Toni H. on Mon, 17 May 2021 04:30:01 GMT

Live Broker Spreads

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.

Site Pages

Legal Pages

Social Corner

Trading tools