FX.co ★ Burning forecast 05/30/2018

Burning forecast 05/30/2018

EURUSD: Italy has collapsed the euro.

The political crisis in Italy caused a great stir in the markets of Europe on Monday-Tuesday. The yield of Italian government securities rose sharply to 2.5%. Shares of Italian banks fell sharply. The euro fell to 1.1510, touching the global support line of the uptrend.

Do not sell the euro, the points for selling are unattractive.

Buy the euro from 1.1730, stop 1.1685, profit 1.1940.

Soon there will be a new level for buying in the area of 1.1650.