Forex forecast for 7 March

Forex forecast for 7 March

1 March 2017, 15:28
Real Trade
0
36
EUR/GBP
Pound broke line 1.24 and continue to fall. Weak pound give euro a chance to compensate the loses in EUR/USD. Pair broke downtrent trendline and continue to strenghten. We are waiting for 0.8620 to close the trades.



XAU/USD
Because of strong dollar gold loses its value. Pair made figure "ascending wedge". Uptrand line is broken so we may see significant and long failing untill 1217.




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