EXNESS - Analytics

    EXNESS

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    EURUSD: consolidation below the 1.0968 level

    Buy on a level breakthrough of 1.0968 with 1.1036 target. Stop loss = 1.0918.

    Reason for the trading strategy

    The news, that the Greek parliament approved a second package of reforms, which implement the creditors' claims, in exchange for a new 86 billion euro three-year financial aid program, made the buyers optimistic about the single European currency, which rose from US $1.0869 to US $1.0933. According to the Greek ministers negotiations on a new financial assistance program can be completed in a month.

     

    EURUSD, H4

    EURUSD


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