Trading Conditions
Products
Tools
Technical analysis:
EUR/USD has been trading upside this morning and I found the breakout of the cluster resistance at 1,0945. I see further upside movement today.
Trading recommendation:
Due to strong upside momentum and breakout of resistance his morning, I see potential for further bullish continuation.
Watch for buying opportunities on the intraday pullbacks with the upside objectives at 1,1016 and 1,1060.
There is rising trend-line in the background successful rejection, which is another sign that buyers are in control.
Key support at the price of 1,0850
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.