FX.co - Burning forecast 05/14/2018

14 May 2018 at 7:27AM (UTC+0)

Long-term review

EURUSD:Looking forward to continuing growth.

The euro showed a reversal up last week - the downtrend is completed at the moment.

There are no important news this week. There is possibility of continued growth of the euro.

Buy from 1.1940, stop 1.1890, the target is 1.2100.

Alternative: Sell from 1.1820, stopat 1.1865, profit at 1.1720.

For fans of aggressive trade: sell from 1.1890, stop at 1.1935, profit at 1.1820.

Burning forecast 05/14/2018

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ Burning forecast 05/14/2018