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EUR/USD trading signal - German ZEW survey - 16 Oct 2018

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Signal details
Entry Price: 
1.1570
Close Price: 
1.1573
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 8 ratings

The Euro is trading at around 1.1570 ahead of EU mid-tier data releases with the focus on German ZEW survey that is scheduled for 09:00 GMT. After the pullback from 1.1600 we would be looking to go long on EURUSD with 50 pips profit eventually.

eurusd trading signal 16 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.