FBS - Analytics


    561.00 6.00/10
    84% of positive reviews

    EUR/USD is in no hurry to north

    The pair failed at the second attempt to overcome the level 3/8 (1.1169). In addition, STH4 not changed color, signaling the unwillingness of the price to go higher. However, the likely increase to the area of STD1 and the level 4/8 (1.1230) has, since the pattern 0/8 - 3/8 - 1/8 - 4/8 can work. The main scenario - a reduction to the level of 1/8 (1.1047), it is also said to frequent breakdowns STH4. In the case of a significant breakdown 3/8 goal will STD1.

    Trade recommendation:

    Buy – 1.1190; sl – 1.1150; tp – 1.1260. 

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