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Trading plan 02/16/2018

Trading plan 02/16/2018

The overall picture: The fall of the dollar.

The dollar updates the lows: the dollar-yen, dollar-franc falls.

Today, the euro reached a new high.

Buy the euro from 1.2515, stop at 1.2470, target at 1.2630.

There are no important news: the market continues the trend "by inertia", until the big players decide that "it's enough".

Pound:

Buy on the rebound from 1.3940.

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