EXNESS - Analytics

    EXNESS

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    EURUSD: growth against the background of a weak US dollar

    Buy on a level breakthrough of 1.1260 with 1.1318 target. Stop loss = 1.1210.

    Reason for the trading strategy

    Today the business activity index in the service sector and the retail sales figures in the euro zone will be published.A likely decline in the indexes will not put significant pressure on the euro. Currently, its growth is due to the weakness of the US dollar.


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