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EUR/USD Signal - USD 20 Year Bond Auction - 21 Apr 2021

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Signal Details
Entry Price: 
1.2034
Take Profit: 
1.2100
Stop Loss: 
1.1990
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURUSD is trending to the upside today prior to the USD 20 year bond auction which will reveal the current yields for the bond. Technically the pair is above the key 1.20 level and we anticipate upside to continue into the 1.2100 level.

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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.