Last minute burning forecast 14.11.2017

Last minute burning forecast 14.11.2017

EURUSD: Trade growth: Buying is preferred.

The EURUSD pair is steady near weekly highs, which indicates its goal to maintain its growth.

There are no important news: The closest important news is on Wednesday 15.11 - inflation data in the US for October.

If you hold positions for buying the EURUSD pair, then it is advised that the stop loss is set at 1.1625 - 1.1635.

If you do not have open positions - you can set a pending order to break through the level of 1.1690 upwards:

Buy stop 1.1690 (stop-loss 1.1645 profit 1.1790).

In case we are wrong (it happens) - sell from 1.1550.


The material has been provided by InstaForex Company -