EXNESS - Analytics

    EXNESS

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    EURUSD: growth after the publication of US Federal Reserve minutes for October

    Buy on a level breakthrough of 1.0717 with 1.0830 target. Stop loss = 1.0650.

    Reason for the trading strategy

    The US Federal Reserve minutes for October confirmed the regulator's readiness to increase the rates in December. Investors use the almost accomplished fact as the cause for fixing the long positions on the US dollar. At the moment, the futures indicate a 68% probability of its increase in December.

    EURUSD, H1

    EURUSD


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