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14.11.201709:09 Forex Analysis & Reviews: Last minute burning forecast 14.11.2017

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Last minute burning forecast 14.11.2017

EURUSD: Trade growth: Buying is preferred.

The EURUSD pair is steady near weekly highs, which indicates its goal to maintain its growth.

There are no important news: The closest important news is on Wednesday 15.11 - inflation data in the US for October.

If you hold positions for buying the EURUSD pair, then it is advised that the stop loss is set at 1.1625 - 1.1635.

If you do not have open positions - you can set a pending order to break through the level of 1.1690 upwards:

Buy stop 1.1690 (stop-loss 1.1645 profit 1.1790).

In case we are wrong (it happens) - sell from 1.1550.

Exchange Rates 14.11.2017 analysis

Dean Leo
Analytical expert of InstaForex
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