EXNESS - Analytics


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EURUSD: under pressure before M.Draghi's speech

Sell on a level breakthrough of 1.1155 with 1.1018 target. Stop loss = 1.1210.

Reason for the trading strategy

Today, market participants will be closely analyzing M.Draghi's speech. If the head of the ECB announces a decline in inflation expectations in the Eurozone, it will be a signal for a possible expansion of the asset purchases program and will put pressure on the euro.




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