EURUSD - Death Cross Pattern Nears

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The EUR/USD pair has crashed for five straight days as the US dollar has staged a strong comeback. This sell-off intensified on Monday after the US published strong retail sales numbers and after the weekend attack on Israel. It crashed to a low of 1.0630, its lowest swing since November 3rd.

Bearish view:

- Sell the EUR/USD pair and set a take-profit at 1.0550

- Add a stop-loss at 1.0695

Bullish view:

- Set a buy-stop at 1.0650 and a take-profit at 1.0700

- Add a stop-loss at 1.0550

Guys, what do you think? Leave a comment with your thoughts.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.