Trade of the Day: BUY EUR/USD at $1.1430, TP at $1.1450
54 views · Published 7 July 2017 · 1:15 · Indexed 21 September 2026
Channel: FXStreet · 2017 · News & Politics
Marc Ostwald, FX Strategist at ADM ISI joined us today on Currency In Play and took at look at todays trade of the day. Fundamentals have been supportive for the euro since the beginning of 2017. Inflation in the euro-area is around 1.3%, but was around 2% at the beginning of the year. Trading technicals have been painting a bullish picture for the euro. Stochastic, RSI, 30-Day, and 100-Day Moving Averages have been flashing an un mistakable buy signal Buy Euro at 1.1430, Profit Target at 1.1450, Stop Loss at 1.1415, Risk to Reward Ratio 1.33 In collaboration with Royal Financial Trading; https://www.rfxt.com.au/
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