Burning forecast 09.07.2018

The euro continues to grow.

Last week, the euro broke through an important level of 1.1725 and was consolidated higher - this is a strong technical signal for growth.

The euro's growth may be caused by some easing of tension in the US trade conflict - China after the first exchange of blows - new negotiations are possible. In addition, markets do not react until the fall in the trade conflict.

We are buying the euro from 1.1725, stop 1.1680, profit 1.1825.

Alternative: We sell the euro from 1.1525.