Euro / U.S. DollarUpdated EURUSD Trade Idea (13th February 2020)
Currency Pair: EURUSD
Timeframe: H1
Date/Time of Signal: 13th February 2020 / 1255hrs (SGT)
Review:
Yesterday (12th February 2020), Federal Reserve Chairman Jerome Powell's second day of testimony did little to support rate-cut hopes as the US economy remained in a good place.
EURUSD has been on a downtrend and the price broken through the Support zone of 1.0900.
Following the trend, trade signaled to sell EURUSD (Entry: 1.0867) with 3 Take Profit (TP) Targets (TP1: 1.0847, TP2: 1.0837, TP3: 1.0807) and Stop Loss (SL) at 1.0897.
Timeframe: H1
Date/Time of Signal: 13th February 2020 / 1255hrs (SGT)
Review:
Yesterday (12th February 2020), Federal Reserve Chairman Jerome Powell's second day of testimony did little to support rate-cut hopes as the US economy remained in a good place.
EURUSD has been on a downtrend and the price broken through the Support zone of 1.0900.
Following the trend, trade signaled to sell EURUSD (Entry: 1.0867) with 3 Take Profit (TP) Targets (TP1: 1.0847, TP2: 1.0837, TP3: 1.0807) and Stop Loss (SL) at 1.0897.
Trade active
updating: Following the trend, trade signaled to sell EURUSD (Entry: 1.0867) with 3 Take Profit (TP) Targets (TP1: 1.0847, TP2: 1.0827, TP3: 1.0807) and Stop Loss (SL) at 1.0897.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.