On Wednesday, the euro came under pressure from sales. However, by the end of the day, the euro showed an optimistic turn upwards - and buyers had a chance to see the movement again at last.
Perhaps, the data package on the US economy — all data came out frankly weak — from retail sales to industrial production — was provided.
We keep buying from 1.1220, and stop at 1.1175 became even more reasonable.
Possible purchases are from 1.1270.
In the case of a turn downwards, we sell from 1.1130
The material has been provided by InstaForex Company - www.instaforex.com