Buy on a level breakthrough of 1.0940 with 1.0992 target. Stop loss = 1.0890.
Reason for the trading strategy
The positive statistics on the Eurozone's foreign trade and a block of negative US data was published last Friday. In November, the Eurozone's trade balance rose from 19.8 billion to 22.7 billion euro. The US producer price index, retail sales and industrial production declined in December.
Reason for the trading strategy
The positive statistics on the Eurozone's foreign trade and a block of negative US data was published last Friday. In November, the Eurozone's trade balance rose from 19.8 billion to 22.7 billion euro. The US producer price index, retail sales and industrial production declined in December.
The euro is adjusting after it actually tested the level of $1.1
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