Breaking forecast 01/15/2018
EURUSD: The way up.
The closing of last week clearly indicates the continued growth of EURUSD - in terms of technical analysis.
Break above the level of 1.2090, closed the day much higher, an exit from the two-month consolidation.
The only argument against growth is reaching the line of DeMark (TD - line) at 1.2240 - If the upward movement is false, and this is the end of the growth trend - it is from this point you can sell, stop not more than 45 points.
Today, the market is "narrow" -output in the United States - it is likely to retreat.
Buy euro from 1.2110, stop at 1.2065, take profit at 1.2240.
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