Forex Signal 9/4/2018
BUY EUR/USD @1.23Â TP:Â 1.244Â SL:Â 1.2148
Our Analysis
Despite two latest survey points added to the newest bunch of lackluster headlines from the eurozone, euro was broadly stable. And the US Dollar has the FOMC on Wednesday of this week, which could bring some closing on position and short-hedging.
Technically, the DXY is also confirming a Dark Cloud Cover at the top of las two months range, which coincides with the Piercing Lines in EUR/USD. Is the same trade where we profit four times before, and the short-term outlook let us think, this is a perfect timing for the fifth.
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