EXNESS - Analytics

    EXNESS

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    EURUSD: consolidation above the level of 1.1023

    Sell on a level breakthrough of 1.1023 with 1.0911 target. Stop loss = 1.1073.

    Reason for the trading strategy

    Currently, there is a second wave of sales of risky assets on the market following the UK's referendum. Suspension of payments by the major British real estate funds and growing number of loans delinquency in the Italy banking sector enhance the investors' flight from risky assets in favor of the US, German and Japanese government bonds.

    EURUSD, H4


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