FX.co ★ Burning forecast 13/02/2019

On Tuesday, the strong growth of the euro with the formation of the "bullish takeover" figure on the daily chart, together with the inability of the euro to show a significantly new low, stopped the decline of the euro. (It is possible, however, that this is only a strong rebound and the fall will continue later).

In fact, we have a return to a long range.

The reason for the reversal: Progress in the US in overcoming the new shutdown after February 15 - and some progress in the EU agreement - Britain.

We are ready to sell the euro from 1.1255

Top input from 1.1515 - but in case of a strong decline, a new level will appear to enter upward, closer to current prices.