Last minute burning forecast 13.11.2017

Last minute burning forecast 13.11.2017

EURUSD: Growth is expected, focus is on buying.

The EURUSD pair ended the week in favor of buyers: the closing of the day and the week moved near highs.

Important news are not expected until the middle of the week.

The most likely scenario is the euro's rise towards 1.1690 and an attempt to break this important level upwards. In case of success - the path is at 1.1790.

Keep buying from 1.1625, while the stop loss is at 1.1580. Buying can be done at a breakthrough of 1.1690 upwards.

Alternative option - in case of a full spread, sell for a break down at 1.1550.


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