FX.co ★ Burning forecast 01/30/2019

The EURUSD rate holds growth potential.

The main event today - the decision of the Federal Reserve on monetary policy - the decision and statement on the situation in the economy will be released at 18.00 London time. The dollar rate of 2.275% will remain unchanged - there is no doubt about it.

The text of the statement will probably be very soft - the Fed will make it clear that they are worried about slowing growth.

This may give new impetus to the growth of the euro - to 1.1570 and beyond.

We keep buying from 1.1395.

Alternative: Sell from 1.1285.