FX.co ★ Last minute burning forecast 15.11.2017

Last minute burning forecast 15.11.2017

EURUSD: Buy on the rollback. Lock in profits.

The euro showed strong growth during the speeches of the heads of the Central Bank at the ECB conference. There was a general decline in the dollar - against the franc and the yen, except for the euro. The pound appeared the weakest.

It is advised to lock in buying profits from 1.1625 and 1.1690 (see previous forecasts) - at the moment (the current EURUSD rate is at 1.1793).

We are waiting for a significant rollback from the strong resistance of 1.1840 or earlier.

Perhaps, a strong move could occur today at 12:30 London time - news on inflation in the US.

Buy from the kickbacks: Buy the euro from 1.1740 and from 1.1700.