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EUR/USD trading signal - EU Manufacturing PMI - 24 Oct 2018

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Signal details
Entry Price: 
1.1450
Close Price: 
1.1391
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
OTM
How we trade
5/5 of 5 ratings

Today, traders eye the releases of EU manufacturing and services PMIs to get some fresh trading ideas. The Euro has established itself on the 1.1450 support level and we would expect to see another bounce. We would buy EURUSD targeting 50 pips profit.

eurusd trading signal 24 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.