Eurusd looking for Parity

Last week all the news for Eurusd was negative and vice versa for USD, which was all positive like retail sales and consumer price index, by looking all the fundamentals it safe to say that we are now looking for a deeper correction in Eurusd.



Eurusd Trading


Eurusd broke the range and closed below 1.1105, which was the strong support for pair from quite some time, and now it is gearing up for a parity which is at 1.1000.

Gbpusd has broken the trend line on the upside, and we are looking for the relieve rally, which can be limit to 1.2430.


TRADE ALERT


Now for the trading outlook, it is safe to say that with the stop loss of
1.1130 you can target 1.1065 and then 1.1030 in #Eurusd

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