Блог Биткойн-Новости - Sazdumas forex

Sazdumas forex

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However, on Thursday the market demonstrated rapid exit from the band, which resulted in a strong appreciation of the single European currency by more than 150 points. The main driving force behind this breakthrough was the publication of a report on the index of business activity in the euro area. According to the organization Markit Economics, the composite index of business activity in the industrial manufacturing and in services for the 18 eurozone countries, according to preliminary estimates, rose in January to 53.2 points from 52.1 in the previous month. These forecasts were better than analysts expected the index to rise to 52.4 points. This index of business activity in the euro zone industry rose to 53.9 points from 52.7 in December and peaked more than 2.5 years.
Note that the upper limit of the range was at around 1.3575 strong resistance level and at the same time was a good benchmark to open long positions in case the price will consolidate above this level. So if you are after a rush down the range would open a long position on this currency pair at 1.3580 then it would be able to close at around 1.3690, that is near the next important resistance level, with a profit of 110 points. Trading with volume of 1.0 lot at deposit $ 5,000, you would increase your account for 1100 US dollars.