FX.co ★ Burning forecast 06/18/2018

Burning forecast 06/18/2018

EURUSD: Sell for a breakout of the lows of the week.

The new week is poor for news. The only important event is the ECB forum, at which the head of the ECB, the forum will open on Monday. Draghi will speak at 18.30 local time (forum in Portugal).

The sharp decline of the euro last week requires a strong continuation.

Sell from 1.1540 stop 1.1585 profit 1.1440

Alternative: Buy at the breakout to the top 1.1855