Trading signals

EUR/USD

EURUSD

The EUR/USD pair reversed when the dollar gained momentum across the board supported by recent US data. The currency pair may accelerate to the downside today.

 

The main scenario is a return above the 1.1030 area.

An alternative scenario assumes a decline to the 1.0990 support.

 

Trading recommendations

 

Buy towards 1.1050 when you see a move through 1.1030.

Sell towards 1.0990 when the currency pair overcomes 1.1010.

 

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