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30.11.202112:00 Forex Analysis & Reviews: Trading tips for EUR/USD on November 30

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.

Exchange Rates 30.11.2021 analysis

The instrument worked out the first target according to our yesterday's trading idea for the increased rate in the EURUSD pair. It managed to break through Friday's high located at the level of 1.13300.

Trading plan:

Exchange Rates 30.11.2021 analysis

Working out the first goal:

Exchange Rates 30.11.2021 analysis

It is recommended to fix part of the position. The second part should be transferred to "breakeven" and left until the second goal of 1.13800-1.13900.

Congratulations to those who took advantage of the trade recommendation. The pass for the first target was 700p.

The trading idea is presented within the framework of the "Price Action" and "Stop Hunting" methods.

Andrey Shevchenko
Analytical expert of InstaForex
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