EXNESS - Analytics


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    The internal statistics support the euro

    Buy on a level breakthrough of 1.1391 with 1.1448 target. Stop loss = 1.1341. 

    Reason for the trading strategy

    The estimate of the Eurozone's GDP for Q1 2016 was revised upwards from 0.5% (q/q) to 0.6% (q/q). In annual terms, the growth rate totaled 1.7%, with a forecast of 1.5%. No significant macroeconomic statistics for the Eurozone and the US are expected to be published today. In the short term, the euro may enter the range of 1.1391-1.1448. 


    EURUSD, H4

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