FX.co ★ Burning forecast 06/12/2018

Burning forecast 06/12/2018

EURUSD: Growth under pressure.

Main event: Meeting Trump - Kim Jong Un (North Korea).

This event is important, but it will most likely not have a strong impact on the market.

The main thing for the markets is a meeting of the world's top regulators- the Fed tomorrow on June 13 and the ECB on June 14.

Judging by the market reaction to the expectations of the Central Bank's decision - the euro could change direction.

We keep buying from 1.1745 but the stop is moved to 1.1725 with a coup, that is:

Sell the euro from 1.1725 stop at 1.1770 profit at 1.1525