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17.12.201809:37 Forex Analysis & Reviews: Breaking forecast 17.12.2018

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 17.12.2018

EURUSD: there is a signal to move down.

Despite the rebound upwards, the downward movement is not canceled.

The downside breakout level of 1.1300 while valid.

We keep selling from 1.1300, stop 1.1345, target 1.100.

In case of a reversal upwards the point of purchase is 1.1400.

Exchange Rates 17.12.2018 analysis

Dean Leo
Analytical expert of InstaForex
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