trustbrokergroup

EURUSD BUY - 13/10/2017

Long
FX:EURUSD   Euro / U.S. Dollar

The Euro showed a smooth downward correction yesterday. The move was also on small volume, so we should consider it as a technical correction, not as a reversal signal. Moreover, the pair is still trading above the previous correction. So that our previous scenario of opening long positions remains the actual. We should enter the market after a resumption of the growth of the price on large volume. A stop loss should be placed below the beginning of the abrupt move. A potential of the deal is 100-110 pips.

The bottom line: long positions are in priority.
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