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FX.co ★ Burning forecast 01/17/2018

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Forex Analysis:::2018-01-17T08:09:44

Burning forecast 01/17/2018

EURUSD: The correction started, but the trend is not canceled.In the morning on Wednesday, correction began after growth on the EURUSD exchange rate.The price has broken past the highs and pulled back, removing close stops.Thus, there is a correction - but the upward trend has not been canceled yet.In the evening at 6:00 PM there will be important data: Fed's report on the state of the economy, the"Beige Book".The increase is expected to continue after correction.Buy the euro with a rollback of 1.2180, stop at 1.2135, profit at 1.2280.

Burning forecast 01/17/2018

Analyst InstaForex
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