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Go Long on EUR/USD

Odwa Magwentshu
eur usd-1.png

eur usd-1.png


A great trade before today’s ECB press conference above is what I think is going to come out. If you are brave, this would be the trade for you.

Trade summary:

Target price                       1.2070

Entry                                 1.1980

Stop loss                           1.1920



Remember... trade responsibly, your capital is at risk and trading can lead to capital losses.

Until next time, I wish you profitable trading.

 All charts sourced: Bloomberg

Odwa Magwentshu | Trading Specialist at GT247.com

Disclaimer: Any opinions, news, research, analyses, prices, or other information contained within this research is provided as general market commentary, and does not constitute investment advice. GT247.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content contained within is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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