EUR/USD analysis for October 13, 2017
Recently, the EUR/USD pair has been trading upwards. The price spike at the level of 1.1874. Anyway, according to the 30M time - frame, I found strong resistance around the prirce of 1.3870-1.3880, which is a sign that buying at this stage looks risky. My advice is to watch for potential selling opportuntiies. Downward targets are set at the price of 1.1850 and 1.1805.
Trading recommendations for today: watch for potential selling opportunities.The material has been provided by InstaForex Company - www.instaforex.com