EXNESS - Analytics

EXNESS

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EURUSD: consolidation above the level of 1.1160

Sell on a level breakthrough of 1.1160 with 1.1075 target. Stop loss = 1.1210.

Reason for the trading strategy

The agreement between Greece and its creditors at the last round of negotiations held in Brussels still wasn't signed. The news is negative for the euro. A Eurogroup meeting dedicated to the Greek issue will be held on Thursday, June 18. Greece will be represented by Yanis Varoufakis, Finance Minister. The parties stated their intention to come up with a solution by June 18.


EURUSD, H4

EURUSD



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