EXNESS - Analytics

    EXNESS

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    EURUSD: under pressure against the background of a growing US dollar

    Sell on a level breakthrough of 1.0809 with 1.0700 target. Stop loss = 1.0860.

    Reason for the trading strategy

    The EUR/USD pair declined when there were issued the data on the US factory orders, which rose by 1.8% (m/m) in June. Today, it is worth paying attention to the volume of industrial production in Italy, retail sales and business activity index in the services sector in the euro zone.

    EURUSD, Daily

    EURUSD


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