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EUR/USD Signal - EUR Sentix Investor Confidence - 8 Nov 2021

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Signal Details
Entry Price: 
1.1558
Take Profit: 
1.15100
Stop Loss: 
1.15950
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURUSD is trending to the downside today prior to the EUR Sextix Investor Confidence data which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair has pulled back into structural resistance, and the trendline resistance lies just above. We anticipate downside into the 1.15100 level.

Submitted by Toni H. on Mon, 08 Nov 2021 04:21:11 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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