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Go Long on EUR/USD

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Odwa Magwentshu
eur usd-1.png

eur usd-1.png

Go Long EUR/USD

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.jpg 
 
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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