Trading signals

EUR/USD

EURUSD

EUR/USD rallied on Brexit optimism and US retail sales downbeat data.

 

The main scenario is a corrective move towards the 1.1050 level.

An alternative scenario is a rally to 1.1100. 

 

Trading recommendations

 

Sell the euro to 1.1050 if the rate dips below 1.1070.

Buy towards 1.1100 when the price bounces off 1.1070.

 

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