Wednesday 13 July 2016

Nobody likes euro

Nothing supports euro - not fundamentally nor technically. Among the most significant at the statistics today will be indicators on industrial production for May, and they need to demonstrate a pre-slowdown in the sector. That is, on expectations decrease in the pair, and if the published data is negative, the further dynamics of couple is more likely to also be negative.
Trading sentiments for the pair EUR/USD today: to sell below 1.1090 with targets 1.1035 and 1.1015. Alternative scenario: The upside breakout of 1.1090 will open the way to 1.1105 and 1.1125.


No comments:

Post a Comment