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EUR/USD Signal - USD Current Account - 23 Mar 2021

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Signal Details
Entry Price: 
1.1922
Take Profit: 
1.1880
Stop Loss: 
1.1960
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURUSD is trending to the downside today prior to the USD current account which is a net flow of current transactions, including goods, services, and interest payments into and out of the US. Technically the pair has rebound out of the resistance trendline, and we anticipate continued downside.

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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.