EURUSD: adjustment from the 1.0915 support level

Jul 16, 2015
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Buy on a level breakthrough of 1.0964 with 1.1034 target. Stop loss = 1.0914.

Reason for the trading strategy

In the short term, the euro zone leaders should not worry about the euro zone's future, as the Greek Parliament yesterday backed the austerity measures put forward by the lenders, against which the Greeks voted in the referendum. Today, the euro may be supported by the inflation data in the euro zone and the ECB President M.Draghi's speech.

Risk Warning: Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such products is risky and you may lose all of your invested capital.

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