Breaking projection 10.17.2017
EURUSD under pressure.The EURUSD rate is under pressure from offering on Tuesday morning. The reasons are: the strong data on the United States economy and the steady acceleration of inflation. Strong information on the development of industrial production in the United States was launched on Monday.The 2nd reason: Madrid’s demand to the
authorities of Catalonia expires on Thursday. Madrid’s tough stance might set off a new age of mass protests in Catalonia- and still set off the Catalan exit system from Spain.Otherwise, the news background is calm.Continue with technique -prepare entry for the breakdown of the range borders: buying above 1.1880 and offering below 1.1668. At the same time, you can act more strongly: sell from 1.1780-with a stop-loss at 1.1825-and in case of a reversal-purchase above 1.1825 with a stop-loss at 1.1780.
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