Burning Forecast 21/12/2017
EURUSD: Buy from the rollback.
On Wednesday, the euro exchange rate gave a new signal for growth: it broke through an important level of an order of 1.1865, closing the day higher.
Despite a strong pullback from 1.1900, we look forward to a continuation of growth:
Buy from the rollback from 1.1865, stop-loss at 1.1820, profit of 1.1965.
On Thursday, a report on US GDP at 12.30 London time will be released, this may warm up the market.
An alternative option is selling for a breakthrough downwards at 1.1735.
The material has been provided by InstaForex Company - www.instaforex.com