EXNESS - Analytics

    EXNESS

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    EURUSD: consolidation below the level of 1.0763

    Buy on a level breakthrough of 1.0763 with 1.0830 target. Stop loss = 1.0713.

    Reason for the trading strategy

    The EUR/USD is trying to grow, focusing on the positive balance of payments statistics for the Eurozone, which increased from 18.7 billion to 29.4 billion euros in September. The cheap euro helps to enhance the European products' attractiveness in the international markets.

    EURUSD, H1

    EURUSD


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