FX.co - Trading plan 12/15/2017

2017-12-15T07:45:45

Long-term review

The overall picture: Euro received a strong blow.

On Thursday, the decision of the ECB was issued. The ECB left the policy unchanged - and this disappointed the euro.

Euro fully retreated from growth on the decision of the Fed and closed the day with a strong fall.

On Friday morning, the continued fall of the euro is more likely. Sell the euro in case of a breakout of 1.1715 down.

GBPUSD

The pound is still looking up; buy with a pullback from 1.3380 or lower target of 1.3550.

Trading plan 12/15/2017

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Jozef Kovach

FX.co ★ Trading plan 12/15/2017