Buy on a level breakthrough of 1.1115 with 1.1205 target.
Stop loss = 1.1050.
Reason for the trading strategy
The euro is rising despite a likely decline in the industrial production by 0.1% (m/m) in June. Market participants are buying it, hoping for Greece to receive a loan soon.
Stop loss = 1.1050.
Reason for the trading strategy
The euro is rising despite a likely decline in the industrial production by 0.1% (m/m) in June. Market participants are buying it, hoping for Greece to receive a loan soon.
The Euro is approaching the level of 1.1115
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