Last minute burning forecast 09.11.2017
EURUSD is prepared for a strong move.
There is complete lull on the market because there are still no important news.
The EURUSD pair showed a very rare intraday consolidation – for almost a day, the movement stood in the range of 1.1580 – 1.1605 – a break of the range boundaries and strong movement is very likely.
In this case, it is possible to expect a strong downward movement and an upward movement.
Occupy the following positions – place orders for breaking the boundaries of the range:
buy stop 1.1625
buy stop 1.1690
sell stop 1.1550
All orders have a stop loss of 45 points from the entry level; the minimum goal is 100 points (points in 4 characters, for example: from 1.1600 to 1.1700 – 100 points)
The material has been provided by InstaForex Company – www.instaforex.com