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EUR/USD trading signal - Germany migration deal - 03 Jul 2018

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Signal details
Entry Price: 
1.1630
Close Price: 
1.1657
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 6 ratings

Today, it is a light calendar for the Euro, and the lake of actionable releases will most likely keep EURUSD in a tight range. On Monday, Angela Merkel finally reached an agreement over the migration deal. The euro is trading at around 1.1640 against the US dollar, we would expect the positive news from Germany to boost the shared currency on a intraday basis and the pair to close higher on the day.

eurusd trading signal 03 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.