Breaking forecast 01/15/2018

Breaking forecast 01/15/2018

EURUSD: The way up.

The closing of last week clearly indicates the continued growth of EURUSD - in terms of technical analysis.

Break above the level of 1.2090, closed the day much higher, an exit from the two-month consolidation.

The only argument against growth is reaching the line of DeMark (TD - line) at 1.2240 - If the upward movement is false, and this is the end of the growth trend - it is from this point you can sell, stop not more than 45 points.

Today, the market is "narrow" -output in the United States - it is likely to retreat.

Buy euro from 1.2110, stop at 1.2065, take profit at 1.2240.


The material has been provided by InstaForex Company -