We expect the resumption of active sales of the euro

24.06.2021

The growth of the euro continued as expected. However, we should not be overly optimistic about the further continuation of the upward movement of the pair. With a high degree of probability, this was a corrective rebound, which means that soon the sales will return the price to the previously set minimums.

Consequently, we can begin to consider opening sell deals with a target at 1.1850.

Investment idea: sell 1.1920, stop loss 1.1940, take profit 1.1850.