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Level and Target Adjustments for the U.S. Session – February 6th
Only the British pound was executed
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Only the British pound was executed today using the Mean Reversion strategy. I did not trade anything using Momentum.Another set of weak data on the decline in German industrial production put pressure on the euro, which does not fit into the generally positive picture following yesterday's sharp increase in industrial orders. Particularly worrying is the fact that the contraction in production volumes has been observed for more than one month. A slowdown in industrial activity in Germany will inevitably affect
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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