Buy on a level breakthrough of 1.1277 with 1.1380 target. Stop loss = 1.1227.
Reason for the trading strategy
The Ifo business climate index in Germany fell from 106.7 p. to 106.6 p. in April. The EURUSD pair ignored the negative statistics and focused on the weakening of the dollar, which is losing ground because of the growing yen.
Reason for the trading strategy
The Ifo business climate index in Germany fell from 106.7 p. to 106.6 p. in April. The EURUSD pair ignored the negative statistics and focused on the weakening of the dollar, which is losing ground because of the growing yen.
Exness - EURUSD: consolidation below the level of 1.1277
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