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EUR/USD trading signal - Eurozone Services PMI - 04 Jul 2018

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Signal details
Entry Price: 
1.1670
Close Price: 
1.1655
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
OTM
How we trade
4.9/5 of 8 ratings

EURUSD looks to 1.1700 ahed of Eurozone PMIs, we would expect a slow day amid holidays in the United States. Yesterday, the Euro was boosted by the migration deal in Germany, and we will probably see the positive run continue in the near term. Currently, Euro is trading up 0.15% at 1.1670 and with the U.S. markets closed today, we will eventually see the pair closing higher on the day.

eurusd trading signal 04 jul 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.