EXNESS - Analytics

    EXNESS

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    EURUSD: consolidation before publication of the CPI in the Eurozone

    Sell on a level breakthrough of 1.0911 with 1.0850 target. Stop loss = 1.0961.

    Reason for the trading strategy

    Today, it is worth paying attention to the publication of the preliminary inflation estimate in the Eurozone. Its slowing down from 0.3% to 0% per year will force the ECB to expand the program of quantitative easing in March. 

    EURUSD, H1

     


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