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EUR/USD Signal - Fed Interest Rate Decision - 08 Nov 2018

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Signal details
Entry Price: 
1.1430
Close Price: 
1.1360
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
OTM
How we trade
5/5 of 3 ratings

Yesterday, the Euro gave all of the recent gains by dropping 70 pips from 1.1500. Currently, EURUSD is trading at around 1.1430 and we see it as a good price for buyers to come. Traders will eye Fed's interest rate decision that is scheduled for 19:00 GMT later on today. The Fed is likely to keep rates unchanged.

eurusd signal 08 nov 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.