EXNESS - Analytics

    EXNESS

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    Real

    The euro is trying to enter the level of $1.1067

    Buy on a level breakthrough of 1.0974 with 1.1067 target. Stop loss = 1.0924.

    Reason for the trading strategy

    The dollar falls under pressure as a result of the deterioration in the macroeconomic statistics (growth of jobless claims, falling business activity index in the US service sector) and the statement made by the president of the FRB Dallas Kaplan about the need to "be patient" in terms of a further increase in US interest rates due to a slower global economic growth and a tightening of financial conditions.

     

    EURUSD, H1

     


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