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EUR/USD trading signal - Euro trading at support level - 21 Jun 2018

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Signal details
Entry Price: 
1.1540
Close Price: 
1.1602
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 7 ratings

The Euro is trading at support level 1.1540 and we would expect an imminent reaction to the upside and EURUSD potentially touching 1.1590 on a intraday basis. The US Dollar continued to benefit after the Fed chairman Jerome Powell’s shared his view on the US labor market. Today, the Euro will eventually retrace some of the recent losses and close higher on the day.

eurusd trading signal 21 jun 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.