EUR/USD Trade Ideas for Next Week 25/1 – 29/1

Last week Mario Draghi sent the EUR/USD down to 1.0800 support with his remarks about a possibility of more QE in March.

Mario said: “Downside risks have increased again amid heightened uncertainties about emerging-market growth prospects, it would therefore be necessary to review and possibly reconsider our monetary-policy stance at our next meeting.”

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We’re therefore continue with our Eur/Usd bearish forecast and here is our forex trade ideas for the coming week:

  1. Sell Eur/Usd at 1.0860
    SL 1.0950 TP 1.0720
  2. Sell Eur/Usd at 1.0895
    SL 1.0985 TP 1.0720
  3. Sell Eur/Usd at 1.0779
    SL 1.0845 TP 1.0650


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