Reason for Selling EUR/USD:

EUR/USD was moving up and down between the ranges in H1 Chart.

As per the Economic news result, there’s no changes in ECB interest rate decision and Deposit facility rate.

However, European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rebounded when the U.S. House passed a budget plan that paves a path for tax cuts.

EUR/USD broken the bottom level of the range with more number of sellers pressure.

After the confirmation of Breakout and the downward movement, the sell signal was given to our members.

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Regards,
Forexgdp Team.

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FOREX GDP

Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

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