EURUSD
Feb. 3, 2016, 09:51
Buy on a level breakthrough of 1.0935 with 1.0975 target. Stop loss = 1.0895.
Reason for the trading strategy
The decline in the Eurozone unemployment from 10.5% to 10.4% in December reduces the likelihood of an expansion of monetary stimulus measures in the Eurozone in March, while the ECB is very concerned about the inflation processes. Today, attention should be paid to the publication of the business activity index in the Eurozone's services sector.
EURUSD, H1
Feb. 3, 2016, 09:51
Buy on a level breakthrough of 1.0935 with 1.0975 target. Stop loss = 1.0895.
Reason for the trading strategy
The decline in the Eurozone unemployment from 10.5% to 10.4% in December reduces the likelihood of an expansion of monetary stimulus measures in the Eurozone in March, while the ECB is very concerned about the inflation processes. Today, attention should be paid to the publication of the business activity index in the Eurozone's services sector.
EURUSD, H1
EURUSD: consolidation below the level of 1.0935
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