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EUR/USD Signal - USD Fed's Clarida speech - 16 Nov 2020

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Signal Details
Entry Price: 
1.184
Take Profit: 
1.1880
Stop Loss: 
1.1800
Direction: 
Buy
Result: 
Profit
How we trade
Average: 5 (1 vote)

EUR/USD is trading to the upside today prior to USD Fed's Clarida speech. Richard H. Clarida began a four-year term as Vice Chairman of the Board of Governors of the Federal Reserve System on September 2018. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the EUR/USD into the 1.1880 level.

Submitted by Toni H. on Mon, 16 Nov 2020 02:19:24 GMT

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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.

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