empty
 
 

07.06.201907:24 Forex Analysis & Reviews: Burning forecast 06.07.2019 EURUSD

On Thursday, the main event of the week for the euro was held - the ECB meeting.

The ECB did almost everything to prevent the euro from rising: the ECB left rates at record lows. The head of the ECB said that the rate increase was postponed at least until mid-2020. In addition, members of the ECB discussed the option of lowering rates in the event of a deteriorating economy.

However, an attempt to reduce the euro at the ECB was immediately interrupted, and the euro closed the day at 1.1274

EURUSD maintains growth.

We keep buying from 1.1190 and from 1.1220

Possible purchases from 1.1240

Exchange Rates 07.06.2019 analysis

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

Dean Leo,
Analytical expert of InstaForex
© 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Show more
Can't speak right now?
Ask your question in the chat.