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The main question of the new week is whether there will be a new shutdown in the US?

As we know, the last shutdown was not fully resolved but only delayed until February 15. The question of the dispute of Trump Democrats in financing the construction of the wall on the border with Mexico has not been resolved.

It puts pressure on the markets. In addition, the issue of the British-EU agreement is not showing progress, despite the active attempts of Prime Minister May to find a solution.

Plus, a negative data shows a slowing growth in the eurozone.

While the situation on EUR/USD looks like the intention to break down 1.1285 and start moving down.

We are ready to sell the euro from 1.1285.

Exchange Rates 11.02.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Sam Alan,
Analytical expert
InstaForex Group © 2007-2019
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