Euro will continue its growth

20.10.2021

Despite the expectations of continuation of growth, there was a rollback. The price decided to test the previously broken level, which was a local maximum. From here we see an attempt at a rebound and a resumption of growth. Probably, during the current trading day, there will be another update of the current local maximum.

For this reason, buying remain relevant. You can enter trades at current market prices by setting a protective stop loss below the designated level, which is currently playing the role of support.

Investment idea: buy 1.1645, stop loss 1.1620, take profit 1.1750.