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Euro's test levels from 1.1420 this week by World-Signals.com

Discussion in 'Fundamental Analysis' started by World-Signals, Aug 21, 2016.

  1. World-Signals

    World-Signals Member Trader

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    The pressure for the US dollar will continue this week, although it will be weak and not so frequent. US Dollar will loose some of his price over the Euro's strong support.
    The main Dollar lost will be just in the beginning of this week and by the end, it will regain some influence again.
    The most important events witch will take place in the market’s movements are Germany's GBP on Wendsday, Jackson Hole Symposium in Thursday and Friday.
    This week's strategy of World-Signals.com will be to buy long positions in Monday and to exit at levels 1.1420 witch is the main resistance level.
     

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