Evening review for EURUSD on January 24, 2020. We are waiting for a correction

The euro has been in a state of the downward movement for a day. More precisely, the euro has been falling since the beginning of the year (the maximum of 1.1240 took place on December 31), however, this was a fall within the correction to the previous growth. But on Thursday, at the ECB’s decisions, the euro fell, breaking through support, and moved into a state of downward movement.

However, the movement is sluggish, and you need to enter it with a rollback. For example, up to 1.1070.

EURUSD:

We sell from 1.1070. Stop at 1.1110 and the target – 1.0970.

We keep purchases from 1.1110.

The material has been provided by InstaForex Company – www.instaforex.com

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MOKAR

Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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