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Business / Finance

EUR/USD: buy at the break of the resistance

Forex Club 23.01.2019 at 13:10

EUR/USD Strategy of the transaction Direction of transaction Purchase Entrance (open price) of 1.1375 Target (closing price) hurdle of 1.1450, Stop Loss 1.1330 area Horizon till 19.00 MSK 24.01.2019*

According to the ZEW survey, the business community of Germany is waiting for improvement. The expectations index rose

- the Dollar is not in the best form. In the United States continues the shutdown. The increased rates and trade conflict with China has a negative impact on the us economy

- Sales in the secondary housing market of the USA for the first time in 2015 has fallen below 5 million

- puncture resistance of 1.1375 will open the way on up

Options transaction

you Need to open a transaction in Libertex to buy the EUR/USD at price 1,1380 23.01.2019 no later than 23:00 GMT.:

In the case of negative developments, the net loss will not exceed 1.6%.

If you want to get your position size multiplier, the potential profit and loss for Libertex, connect to the service the Morning with FxClub .

* If the transaction is not closed for orders (take-profit, stop-loss), it is recommended to close manually before the specified date.

Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.

Euro, dollar, Germany, USA, trading EURUSD