EXNESS - Analytics

    EXNESS

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    EURUSD: adjustment from the level of 1.1077

    Buy on a level breakthrough of 1.1136 with 1.1216 target. Stop loss = 1.1086.

    Reason for the trading strategy

     After the adjusting decline of the EURUSD pair to the level of 1.1077, investors are starting to buy it. They are inspired by the 2.1% (m/m) growth of industrial production in the Eurozone in January. Today, it is worth paying attention to the publication of the employment level in the Eurozone for Q4 2015.

     EURUSD, H1


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