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EUR/USD Signal - U.S. GDP Annualised Q3 - 28 Nov 2018

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Signal Details
Entry Price: 
1.1300
Take Profit: 
1.1250
Stop Loss: 
1.1320
Direction: 
Low
Result: 
Loss
How we trade
5/5 of 4 ratings

The U.S. dollar looks strong ahead of the US third quarter GDP release that is scheduled for 13:30 GMT later on today. Traders will also eye Fed's Powell speech to get some insights into the market. Looking on the chart, we can see EURUSD is currently trading at around 1.1300 with more pressure likely to come for the common currency.

eurusd signal 28 nov 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.