Condizioni di trading
Strumenti
EUR/USD is trading at the 1.2188 level and it could reach the 1.22 psychological level soon. I told you yesterday that the pair might increase further if the US Dollar Index dropped deeper.
The DXY resumed its sell-off pushing EUR/USD towards fresh new highs. Technically, the US Dollar Index was located deep in the seller's territory, so a further drop was imminent.
Fundamentally, EUR/USD was expected to jump higher, not because the Euro is very strong, but because the US retails sales weakened the greenback.
Now we have to wait for either a retest of 1.2176 or for a valid breakout above the upside line before considering going long again. The major upside target stands at the upper median line (UML).
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.