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12.12.201809:49 Forex Analysis & Reviews: Breaking forecast 12/12/2018

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.

Breaking forecast 12.12.2018

EURUSD: There is a signal downwards.

On Tuesday, the euro pierced down the daily level of about 1.1309, but so far the low is shown only at 1.1305 - there is no real breakdown

The market is waiting for the EU summit, an extraordinary meeting in agreement with Britain on Thursday - and the ECB's decision on Thursday, 13th of December.

If our sales go down by 1.1354 - a new entry down from 1.1300.

Alternative: Buy from 1.1445.

Exchange Rates 12.12.2018 analysis

Dean Leo
Analytical expert of InstaForex
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