FX.co ★ Burning forecast 05/31/2018

Burning forecast 05/31/2018

EURUSD: Looking forward to continuing growth.

The crisis in Italy receded into the background - investors have calmed down a bit, and "the end of the world right now" alert is being canceled.

News on the US came out optimistic: Employment in May rose by 178, 000 according to data from ADP, US GDP is growing not very fast - at a rate of + 2.2% per annum, but growing.

Important data today - at 12:30 PM London time the report on inflation.

Buy the euro from 1.1650 stop at 1.1605 profit at 1.1850

Alternative: Sell from 1.1508 stop at 1.1553 profit 1.1405