Trading plan 11/10/2017

Trading plan 11/10/2017

General picture: There is no important news, the market is determined with the direction.

The week that is "empty" of news ends. EURUSD made an attempt to start rising on Thursday - having overcome the difficult level of 1.1625 to the top.

The picture on the euro now looks so that 1.1550 is the bottom of the new range, and growth may well develop to 1.2080.

On the GBPUSD rate: So far the price continues to consolidate in the range of 1.3020 - 1.3320.

Buy after the breakthrough to the top at 1.3320.

Sell after a break down to 1.3020.

analytics5a054cba06045.jpg

The material has been provided by InstaForex Company - www.instaforex.com