Trading plan 04/25/2016

Trading plan 04/25/2016

General picture: Markets are being rebuilt towards the dollar.

Gradually formed a general movement in favor of the US dollar.

The reasons: An increase in the rate of the Fed and the growth of yields on US securities causes the inflow of capital into the United States.

The dollar is rising to yen, pound, Australian, and euro.

On Wednesday, a stoppage day is possible. The important news will be released on Thursday (ECB and news on the US economy).

More likely the dollar continues to grow.

GBP / USD:

Sell for the breakthrough of 1.3920 with a target of 1.3700.

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