Last minute burning forecast 09.11.2017

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)

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The material has been provided by InstaForex Company – www.instaforex.com

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