FX.co - Burning forecast 05/07/2018

2018-05-07T06:24:18

Long-term review

EURUSD: Trade for a breakout range.

A narrow range was formed.

On a new week, few important news - the main news - inflation in the US on Thursday.

Waiting for an exit from the range.

Buy from 1.2035, stop at 1.1990, profit at1.2135.

Sell 1.1910, stop at 1.1955, the profit at 1.1810.

Burning forecast 05/07/2018

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

Analytical expert

Dean Leo

FX.co ★ Burning forecast 05/07/2018