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18.07.2019 08:21 AM
Burning forecast 07/18/2019 EURUSD and trading recommendation

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The euro has been under pressure since the beginning of the week - because of the sellers who are attacking the British pound. News regarding the possible withdrawal of Britain from the EU without an agreement - caused a strong decline in the pound, and this dragged the euro down through the euro-pound.

But the fall of the pound stopped, and the euro immediately showed a rebound upwards.

Fed report "Beige Book" did not play a strong role.

EURUSD: Range.

From the point of view of technical analysis, you can buy when you break upwards 1.1290.

You can sell when you break down 1.1190.

Dean Leo,
Analytical expert of InstaForex
© 2007-2024
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