FX.co ★ Breaking forecast 02/13/2018

We keep buying from 1.2300, maybe falling to 1.2270, the stop is at 1.2255, the target is 1.2400.

In case we are wrong:

Sell for a breakthrough down 1.2205, stop at 1.2250, profit at 1.2100.

There is no strong news right now.

It is very likely that the market will react actively to inflation data in the US on Wednesday, February 14, at 12:30 London time

For now, we think that the upward movement is more likely.