Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1349. Anyway, according to the M15 time – frame, I have found the fake breakout of yesterday’s low at the price of 1.1355, which is a sign that selling looks risky. I also found trading range between the price of 1.1355 and the price of 1.1383. My advice is to watch for buying opportunities with the target at the price of 1.1383.
The material has been provided by InstaForex Company – www.instaforex.com
Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1349. Anyway, according to the M15 time – frame, I have found the fake breakout of yesterday’s low at the price of 1.1355, which is a sign that selling looks risky. I also found trading range between the price of 1.1355 and the price of 1.1383. My advice is to watch for buying opportunities with the target at the price of 1.1383.
The material has been provided by InstaForex Company – www.instaforex.com
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