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EUR/USD Signal - USD 3 Month Bill Auction - 27 Sep 2021

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Signal Details
Entry Price: 
1.1724
Take Profit: 
1.1775
Stop Loss: 
1.16850
Direction: 
Buy
How we trade
Average: 4 (2 votes)

EURUSD is trending to the upside prior to the USD 3 month bill auction which reveals the yield on the US 3 month bill. Technically the pair has bounced from a key pyschological figure, and the rsi and MACD are both now pointing to upside. We anticipate continued upside into 1.17750.

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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.