EURUSD

EURUSD

U.S Inflation data missed expectation last friday. U.S. Consumer Price (YoY) was expeted in at 2.3% and released at an actual 2.2%. After Soft Inflation data, the EURUSD pair jumped dramatically and closed last week above the 1.0920 support level. In the event that upward movement continues, we will face 1.0980 as resistance level. Moreover, If the price goes beyond 1.0980 and sustains on a daily basis above that level, we think the bullish action may accelerate. Otherwise, we will follow again support levels at 1.0920 and 1.0885.

 

Support: 1.0920–1.0885-1.0835

 

Resistance: 1.0980-1.1050-1.1111

15 May 17 (Mon)

10:52 am



Never miss a winning trading opportunity.
Join OneBillionSignals now!

Never miss a winning trading opportunity.
Join OneBillionSignals now!

Download OBS Application Download OBS Application Now Sign Up
 

Risk Warning

Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.

Privacy Policy | Terms of Use

© 2019 One Billion Signals All Rights Reserved