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EUR/USD trading signal - ECB Monetary Policy Meeting - 11 Oct 2018

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Signal details
Entry Price: 
1.1550
Close Price: 
1.1593
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 6 ratings

The Euro is trading at around 1.1540 after yesterday reached 1.1570 for the first time this week. Today, focus will be on the ECB monetary policy and US inflation data. We would expect the Euro to take advantage of a global equity root that pushes the US dollar lower. We are looking to buy dips on EURUSD with 50 pips profit.

eurusd trading signal 11 oct 2018

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. He has no business nor personal relationships with any mentioned government entities or stocks. 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.