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EUR/USD Signal - German Harmonized CPI - 30 Mar 2020

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Signal Details
Entry Price: 
1.1100
Take Profit: 
1.1010
Stop Loss: 
1.1150
Direction: 
Sell
Result: 
Profit
How we trade
Average: 5 (10 votes)

EURUSD is trading lower from recent high 1.1140 level. Traders are concern about deeper economic slowdown as Trump extends lockdown through April. Some analysts fear another sell-off in stocks which might result in demand for US treasuries and US dollars.

eurusd signal 30 mar 2020

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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.