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EUR/USD Signal - USD Durable Goods Orders - 27 May 2021

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Signal Details
Entry Price: 
1.2175
Take Profit: 
1.2270
Stop Loss: 
1.2129
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURUSD is trading into support today prior to the USD Durable Goods orders data. Technically the pair is coming back to retest the trendline and the structure zone as support. We anticipate upside today into the 1.2270 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.