Burning forecast 06/15/2018

Burning forecast 06/15/2018

The ECB broke the euro.

On Thursday, the ECB announced a decision on monetary policy. The ECB is completing the program of injections into the markets in December this year. At the same time, the ECB said it will not raise rates until at least the summer of 2019, that is, another 12 months. This last decision led to a sharp drop in the euro.

We expect the continuation of the fall of the euro - we sell from the rebound to the top.

Sell the Euro from 1.1650, stop 1.1695, profit 1.1525.