EXNESS - Analytics

    EXNESS

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    EURUSD: consolidation in the range of 1.1241-1.1284

    Buy on a level breakthrough of 1.1284 with 1.1343 target. Stop loss = 1.1234.

    Reason for the trading strategy

    The growth in the Eurozone balance of payments from 25.5 billion to 26.3 billion euros expected in January could support the Common European Currency. At the level breakthrough of $1.1284, opening long positions in it should be considered. 

    EURUSD, H1


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