EXNESS - Analytics

    EXNESS

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    EURUSD: consolidation higher than the level of 1.0777

    Sell on a level breakthrough of 1.0777 with 1.0710 target. Stop loss = 1.0827.

    Reason for the trading strategy

    The decline in the Ifo business sentiment index expected in Germany in January may put pressure on the euro. In addition, the resumption of the euro carry trade operations will act as an additional pressure factor on it.

    EURUSD, H4

    EURUSD


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