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Burning forecast 03.12.2018
EURUSD: We are waiting for a breakout range.
At the weekend, the Big 20 Summit was held. It was successful for the markets: the US and China agreed to postpone trade disputes for 90 days and hold new negotiations during this period.
The euro rose slightly in the morning.
There is a clear end of the range:
We are ready to buy the euro from 1.1405, stop 1.1360, target 1.1605.
Alternative: Sell from 1.1265.
