empty
 
 
24.05.2019 09:20 AM
Burning forecast EURUSD 05/24/2019

On Thursday, the EURUSD broke through the long-term lows of 1.1130 and 1.1110. However, it sharply turned up and approached the key level upwards of 1.1190 at the end of the day.

On Friday morning, the euro broke through the level of 1.1190.

This is a strong signal for an upward turn, and perhaps a signal for an upward trend.

We need to look at the closing of the day - in the case of closing above 1.1190 - the probability of an upward trend will increase.

We buy from 1.1190 with a target of 1.2000.

This image is no longer relevant

Dean Leo,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback