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17.02.202310:38 Forex Analysis & Reviews: Trading tips for EUR/USD

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 17.02.2023 analysis

The trading plan presented yesterday was about decreasing the price of EUR/USD.

Exchange Rates 17.02.2023 analysis

This was due to the latest inflation report in the US.

Exchange Rates 17.02.2023 analysis

As soon as the news was released, the pair went down and reached the target levels for short positions.

Exchange Rates 17.02.2023 analysis

Congratulations to all those who followed the strategy! The price movement was as much as 1,000 pips. Traders can now close their positions for profit.

The plan was based on the "Price Action" and "Stop hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.

Andrey Shevchenko
Analytical expert of InstaForex
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