Breaking forecast 01/08/2018
January 9, 2019 1:21 amVideo
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EURUSD continues to consolidate under the upper limit of the range – 1.1500.
This technically indicates a more likely breakout upwards – and the beginning of the trend up.
Fundamentally, the European currency is waiting for a signal from the Parliament of Britain, where the final act of the never-ending series of Brexit will take place: Parliament will begin discussing an agreement with the EU on January 9 and a vote will be held no later than January 15.
We are ready to buy euros from 1.1500 – possible purchases from 1.1485.
Alternative: sell from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
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