EXNESS - Analytics


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    The euro slides down to the 1.1181 support level

    Sell on a level breakthrough of 1.1181 with 1.1047 target. Stop loss = 1.1240.

    Reason for the trading strategy

    The IMF decided to withdraw a team of experts from Brussels, who participated in the negotiations with Greece. According to the IMF, an agreement with Greece is unlikely to be achieved in the near future. There is an impression that international lenders are willing to allow a Greek exit from the euro zone. Today, the euro may be supported by the publication of the April statistics on the volume of industrial production in the euro zone.

    EURUSD, H1


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