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EUR/USD Signal - USD Consumer Price Index - 13 Apr 2021

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Signal Details
Entry Price: 
1.1912
Take Profit: 
1.1968
Stop Loss: 
1.1857
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURUSD is trending to the upside prior to the USD CPI data, which measures the change in price for a range of goods and services, to indicate inflation. Technically the pair is holding above the 1.1900 pivot and we anticipate continued upside to continue into the 1.19680 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.