EXNESS - Analytics

EXNESS

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The odds of the EUR/USD pair not testing the May peak value remain high

Buy on a level breakthrough of 1.1383 with 1.1466 target. Stop loss = 1.1323.

Reason for the trading strategy

The Finance Minister of France believes that exit form the eurozone would be a disaster for Greece. We can only agree with him on that. At the same time, Greece has repeatedly stated its intention to remain in the eurozone and the EU. By the end of June, Greece could get a loan of 3.5 billion euros from Russia or still 7.2 billion euros from the EU. Today, it is worth paying attention to the weekly labor market and inflation statistics in the US.

EURUSD, H1

EURUSD



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