Buy on a level breakthrough of 1.1009 with 1.1095 target. Stop loss = 1.0950.
Reason for the trading strategy
The publication of the US GDP data issued yesterday, the annual growth rate of which decreased from 3.9% to 1.5% in Q3 2015, reduced the likelihood of the US key interest rate to increase in December. Against this background, the dollar is losing its position in the international currency market.
Reason for the trading strategy
The publication of the US GDP data issued yesterday, the annual growth rate of which decreased from 3.9% to 1.5% in Q3 2015, reduced the likelihood of the US key interest rate to increase in December. Against this background, the dollar is losing its position in the international currency market.
EURUSD: growth against the background of a weakening US dollar
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