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EUR/USD trading signal - Euro slips below 1.1600 - 04 Sep 2018

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Signal details
Entry Price: 
1.1590
Close Price: 
1.1580
Direction: 
Low
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 4 ratings

The Euro is heading down with increased U.S. dollar demand and we would expect the downtrend to continue in the short term. Traders should be aware about possible pullback at 1.1550 level that could see the Euro retracing some of the recent losses.

eurusd trading signal 04 sep 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.