Trade of the Day

EUR/USD

EUR/USD may make a comeback

Binary Options - EUR/USD

Binary Options – EUR/USD

There may be a comeback on the cards for the EUR/USD pair. Traders have had a lot of confidence when it has come to the EUR/USD pair. Traders have felt like it is a good idea to go long on the pair due to the ability to make some very high returns each trading day.

 

Currencies

USD

USD much higher now

Binary Options - EUR/USD

Binary Options – EUR/USD

Traders have a lot of confidence in the USD at the moment, which is after it made some very big losses in previous trading days due to there may be a lot of bullish sentiment in the forex market. However, the reality is that the greenback was largely oversold. As a result, traders have taken the chance to go long on the USD in the latest round of trading.

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