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EUR/USD trading signal - Italy headlines remain a drag - 09 Oct 2018

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Signal details
Entry Price: 
1.1440
Close Price: 
1.1490
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 7 ratings

The Euro continues to slide below 1.1500 with Italy's budget plans remain questioned by Brussels. Meanwhile German trade surplus rose to €18.3 billion in August. We would expect the Euro to finally find support near 1.1440 and eventually to close higher on the day.

eurusd trading signal 09 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.