Trading plan 11/15/2017
The general picture: The speeches of the heads of the Central Bank at the ECB conference caused a decline in the dollar.
Experts have not yet analyzed the essence of the statements of the heads of the largest Central Banks on Tuesday at the ECB conference - the heads of the ECB, U.S. Federal Reserve, the Bank of Japan and the Bank of England.
However, the market determined: A decline in the dollar rate - and this is important.
The EURUSD pair showed strong growth.
It is advised to lock in profits for the euro at the moment - as one should recall, it is recommended to buy from 1.1625 and from 1.1690 - the current rate of 1.1790. A strong correction is possible up to 1.1740 - 1.1700.
For the GBPUSD pair:
Buy for a breakthrough at 1.3230.
Sell for the breakthrough at 1.3020.
The material has been provided by InstaForex Company - www.instaforex.com