Trading signals

EUR/USD

EURUSD

The tech-shares sell-off and a sluggish global economic growth weigh on the risk sentiment. The Jerome Powell's speech is in the spotlight today. 

 

The main scenario assumes a growth to the 1.1910 resistance.

An alternative scenario is a retreat to the 1.1800 region.

 

Trading recommendations

 

A break above 1.1870 will raise chances of testing 1.1910.

A fall below 1.1850 would bring the 1.1800 support under pressure.

 

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