EURUSD trading strategy for week February 22-26 by World-Signals.com

After the top trading level of EURUSD at 1.1376 a week ago, the dollar recovery to the levels of 1.11. The new trading week starts with U.S. Consumer Confidence report on Tuesday at 15:00 GMT expecting report at 97.3 compare with 98.1 one month ago. The next key events are in Thursday U.S. Durable Orders at 13:30 GMT and Germany Unemployment rate at 8:55 GMT, CPI Index for Euro Zone at 10:00 GMT. In the last day for the week the investors will expect the most important GDP for Q4 at 13:30 GMT as the report is expecting at 0.4% from 0.7%. The technical analysis show that EURUSD may up to 1.1180/1.1210 and then turn down. The key resistance but is formed at 1.1390 as the support level is at 1.1055. World-Signals.com trading strategy this week is to buy Euro in the first 1-2 days of the week and sell Euro at the end of the week.

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