FX.co ★ Breaking forecast 10/12/2017

Breaking forecast 10/12/2017

The growth of EURUSD will continue.

The main event of Wednesday - the report from the last meeting of the Fed ("minutes" of the Fed) - has not changed the mood of the markets.

The EURUSD rate continued to grow, playing out the diffusion of tension in relations between Catalonia and Madrid.

We expect the continuation of EURUSD's rise to the target of 1.1980.

Still, after significant increase in recent days, it is possible to retreat to 1.1820.

Buy EURUSD from the rollback.

The cancellation signal is the breakthrough below 1.1668.