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EUR/USD Signal - EUR Economic Bulletin - 12 Oct 2020

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Signal Details
Entry Price: 
1.1777
Take Profit: 
1.1692
Stop Loss: 
1.1834
Direction: 
Sell
Result: 
Loss
How we trade
Average: 5 (1 vote)

EURUSD is trending to the downside today prior to the EUR economic bulletin. The Economic Bulletin, is to replace the ECB Monthly Bulletin. It is published two weeks after each Governing Council meeting.
Technically the edges on this trade are the 1H 21 moving average , the trendline and the 38.2% moving average.

Submitted by Toni H. on Wed, 11 Nov 2020 22:59:41 GMT

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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. 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. All risks and coasts associated with online trading are your responsibility.

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