Stay 
Trading Conditions
Products
Tools
The level of 1.2339 is decisive in the second half of the week. The reaction yesterday suggests that limit orders of major players are located at this level. The continued growth will require today's close above the bank level. In this case, the next growth target will be the bank liquidity zone located below the level of 1.2440.
The current dynamics is in upward movement, which allows you to keep some of the purchases opened in December. It is important to understand that keeping the price below the level of 1.2339 will allow you to form a medium-term accumulation zone. The target of the downward movement will be the lower zone of bank liquidity at 1.2239. The movement in this range will allow you to get more favorable prices for the purchase of the instrument in the near future.
If today's close will occur above the level of 1.2339, then purchases will need to be made at the retest of this level. Growth may become the main direction of trade in the first half of January.
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.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
