Forexpamm

EUR/USD. The pressure on the euro is increasing.

earlier it was assumed that the potential of the upward movement is approaching and it is time to wait for the decline. The trading couple under consideration tried several times to prove the opposite, but gradually the forces to resist the buyers end. As a result, we see how the price began to “peck”. Probably further decrease is accelerated and we will see the achievements of the target value.

in this regard, it is recommended to consider transactions for sale as the most promising from the point of view of extracting arrived. You can already sell by current values, but you should not tune in to a long movement, for that it is a correction.

Investment idea: Sell 1.0705, Stop Loss 1.0725, Take Profit 1.0550.