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FX.co ★ Burning forecast 02/14/2019

Burning forecast 02/14/2019

The euro's exit from the long range is getting closer and more inevitable.

Nevertheless, the European currency continues to test the strength of traders who aim for strategies.

On Wednesday, the euro/dollar pair has once again stroke a daily low of 1.1255 downwards, but again bounced up.

At the same time, a new potentially very interesting level of the daily order for entering the top is formed: 1.1345

We are ready to sell the euro from 1.1245.

In the event of a bullish reversal, we are willing to buy the euro from 1.1345.

The potential of a movement both up and down is very high - not less than 400-500 points.

Burning forecast 02/14/2019

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