So, for two days this week there is a corrective decline in the euro.
Nevertheless, the growth trend is not broken.
A strong rebound is expected at first – with the formation of a significant high in the area of 1.2380 – 1.2400 – and then, after stopping not less than 8 hours, a breakdown and a breakthrough.
So far there is no point to enter the upper level.
Buy for the breakthrough of 1.2555.
Sell for the breakthrough 1.2205.
We expect at 6:00 PM London Time the report from the last meeting of the Fed.
The material has been provided by InstaForex Company – www.instaforex.com
Breaking forecast 02/21/2018
EURUSD: Continue to prepare for growth.
So, for two days this week there is a corrective decline in the euro.
Nevertheless, the growth trend is not broken.
A strong rebound is expected at first – with the formation of a significant high in the area of 1.2380 – 1.2400 – and then, after stopping not less than 8 hours, a breakdown and a breakthrough.
So far there is no point to enter the upper level.
Buy for the breakthrough of 1.2555.
Sell for the breakthrough 1.2205.
We expect at 6:00 PM London Time the report from the last meeting of the Fed.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: