Relevance up to 09:00 2020-05-21 UTC–5
After its normal consolidation on an H4 scale, the pair breaks through a maximum of 1.0980. The maximum normal rollback is 1.0940.
Closing the day above the level of 1.1020 may open the probability of growth at 1.1400.
You may consider purchases from 1.0855 and stop at 1.0835. You may move the stop to 1.0855, or to 1.0915, for conservative investors.
There is no level for sale so far near current prices, the closest is at 1.0770.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Performed by Sam Alan,
InstaForex Group © 2007-2020
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex
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.