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FX.co ★ Last minute burning forecast 23.11.2017

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Forex Analysis:::2017-11-23T07:22:08

Last minute burning forecast 23.11.2017

Last minute burning forecast 23.11.2017

EURUSD: Path upwards. Buy from the kickbacks.

On Wednesday, important news emerged: data on orders for durable goods in the US declined moderately - against the dollar.

Late in the evening, a report came out from the last meeting of the Fed - no signals to accelerate the rate hike.

Most importantly - the political crisis in Germany has left the front pages of the media - perhaps for a while.

The EURUSD rate showed strong growth, providing a signal for a new wave of growth - buy the euro from the kickbacks.

Buy the EURUSD pair from 1.1800 and below, a stop-loss of 45 points in 4 digits, the target is at 1.1860, in the event of a breakthrough, the following targets are 1.1980; 1.2080.

Attention: On Thursday 23.1, it is a holiday (Thanksgiving) in the US - trade on Thursday and Friday will be held at low volumes.

Last minute burning forecast 23.11.2017

Analyst InstaForex
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