<a href="http://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>

A new bottom on EURUSD


A new bottom on EURUSD

EURO / U.S. DOLLAR FX_IDC:EURUSD



On Friday price reached 1,1431 and it created a new low.
We expect to see market below this low and around values of 1,1400.

However, before that it’s very likely to see a pullback to the 1,1500 level.
This will be our best entry opportunity with a good risk to reward ratio.
We will be looking for reversal around 1,1500 and possible entries.

Opening a trade at current price levels is not recommended!



Read more here

See also  EURUSD ANALYS