Burning forecast 04/26/2018

Burning forecast 04/26/2018

EURUSD: The decisive day for the euro - the European Central Bank.

Today will be the ECB meeting. The decision will be made public at 111:45 AM London time, the press conference of the head of the ECB Draghi at 3:30 PM London time

Changes are not expected. However, the ECB is on a campaign that it is impossible to completely exclude surprises - for example, they can raise the deposit rate from the current minus 0.4%. Or call the completion date of QE. Or something else. In this case, a sharp sharp jump in the euro against the down trend is possible.

Our positions:

Sell from 1.2240-1.2260, stop at 45 points, the profit is 1.2200.

The complete cancellation of the trend is 1.2300.

analytics5ae17bee750e0.jpg

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