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EUR/USD Signal - US Fed Chair Powell Speech- 21 April 2022

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Signal Details
Entry Price: 
1.08817
Take Profit: 
1.06504
Stop Loss: 
1.09540
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EUR/USD is trading to the downside today prior to the US Fed Chair Powell Speech. As head of the Fed, which controls short term interest rates, he has more influence over the U.S. dollar's value than any other person. We anticipate a EUR downside against the USD into level 1.06504

Submitted by John F. on Thu, 21 Apr 2022 12:12:32 GMT

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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.

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