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EUR/USD trading signal - U.S. Retail Sales data - 15 Oct 2018

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Signal details
Entry Price: 
1.1620
Close Price: 
No Trade
Direction: 
Low
Expiry Time: 
21:00 GMT
How we trade
5/5 of 7 ratings

The Euro continues the positive run and as we have missed the entry for a long position we would be looking for a pullback where to short EURUSD. We would expect a pullback around 1.1620 - 1630 so if the price reaches those levels we might enter a short position for today. The greenback keeps losing the shine and traders will wait for the retail sales data to get some insights.

eurusd trading signal 15 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.