FX.co ★ Burning forecast 04.02.2019

The euro is holding a growing momentum.

The main events took place: the ECB, the Fed. According to Brexit - the situation is moving towards postponing Brexit - but the markets seem to have stopped responding to this topic.

Last week, the euro showed the first movement for growth - and until the signal is canceled.

We keep buying from 1.1395.

New purchase - after the break of 1.1515.

If the euro cancels the signal for growth - return to a range below 1.1400 - then:

Buy from 1.1515 or

Sell from 1.1285.