Buy on a level breakthrough of 1.1440 with 1.1505 target. Stop loss = 1.1390.
Reason for the trading strategy
The April statistics on the US labor market turned out weak and formed the preconditions for an adjusting growth of the euro against the level of 1.1440 dollars. In addition, the euro is supported by the information that on May 9 the Greek Parliament voted for the bill, providing for a pension reform and tax increases. Unpopular reforms create the preconditions for a subsequent preparation of financial aid to Greece from the troika of creditors.
Reason for the trading strategy
The April statistics on the US labor market turned out weak and formed the preconditions for an adjusting growth of the euro against the level of 1.1440 dollars. In addition, the euro is supported by the information that on May 9 the Greek Parliament voted for the bill, providing for a pension reform and tax increases. Unpopular reforms create the preconditions for a subsequent preparation of financial aid to Greece from the troika of creditors.
Exness - EURUSD: adjustment from the support level of 1.138
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