Last minute burning forecast 22.11.2017

The EURUSD pair has resumed growth, we buy.

German Chancellor Merkel said she was confident of victory if early elections were announced. Investors were reassured over the risk of a political crisis in Germany.

Germany’s economy is in better shape since 2011.

The euro is ready for a new wave of growth. Buy for a breakthrough at 1.1665 upwards, then – buy for a breakthrough at 1.1825 – and a target of 1.1980.

Stop loss to the position of 45 points (Example: buy at 1.1665 stop-loss 1.1620).

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The material has been provided by InstaForex Company – www.instaforex.com

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