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FX.co ★ Burning forecast 02/06/2019

Burning forecast 02/06/2019

The growth momentum of the euro, received last week, ran out of fuel, and did not end with a strong movement.

The euro has returned to the range - again.

There was not enough positive news - but the market is full of pessimism.

Nevertheless, we are waiting for the beginning of the movement after breaking the boundaries of the range:

We are ready to sell EURUSD at a break below 1.1285.

We are ready to buy the euro at the break of 1.1515 upwards.

Burning forecast 02/06/2019

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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