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EUR/USD Signal - USD Consumer Price Index - 10 Nov 2021

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Signal Details
Entry Price: 
1.1593
Take Profit: 
1.1535
Stop Loss: 
1.1637
Direction: 
Sell
How we trade
Average: 5 (2 votes)

EUR/USD is currently at resistance prior to the USD Consumer Price Index data, which measures the change in prices across a representative basket of goods and services. Technically the pair is ranging and is rejecting range resistance. We anticipate downside today into the 1.1535 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.