EXNESS - Analytics

    EXNESS

    628.50 4.00/10
    69% of positive reviews
    Real

    EURUSD: consolidation higher than the 1.1065 level

    Sell on a level breakthrough of 1.1065 with 1.1000 target. Stop loss = 1.1115.

    Reason for the trading strategy

    A likely decline in the business activity index in the euro zone's manufacturing sector and services sector will put pressure on the euro. This week, it may decline to the level of $1.1, which could also be due to the resumption of the euro carry trade operations.  

     

    EURUSD, H4


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree