2024-11-15 04:44
IndustryOutlook EUR/USD
EUR/USD is currently oscillating around the 1.0600 level, facing downside pressure. The Federal Reserve’s hawkish stance is expected to weigh on the euro, especially given robust U.S. employment and inflation data. Should the euro break below the 1.0600 support level, it may descend toward 1.0500. Conversely, if EUR/USD rebounds, the 1.0750 level could serve as a short-term target. Short-term traders can watch for volatility within this range, with stop-losses set to manage risk effectively.
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Outlook EUR/USD
Hong Kong | 2024-11-15 04:44
EUR/USD is currently oscillating around the 1.0600 level, facing downside pressure. The Federal Reserve’s hawkish stance is expected to weigh on the euro, especially given robust U.S. employment and inflation data. Should the euro break below the 1.0600 support level, it may descend toward 1.0500. Conversely, if EUR/USD rebounds, the 1.0750 level could serve as a short-term target. Short-term traders can watch for volatility within this range, with stop-losses set to manage risk effectively.
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