EXNESS - Analytics

    EXNESS

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    EURUSD: collapse after the last referendum in Greece

    Sell on a level breakthrough of 1.0951 with 1.0850 target. Stop loss = 1.1010.

    Reason for the trading strategy

    According to the Greek Ministry of Interior, more than 61% of Greeks voted against the international creditors' proposals. This gives A.Tsipras' team the right to uphold a more assertive position in the subsequent negotiations with the creditors. The euro responded adequately to that, as at the opening it came close to the last week's low.

     

    EURUSD, H1

    EURUSD


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