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FX.co ★ Burning forecast EURUSD 05/22/2019

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Forex Analysis:::2019-05-22T08:06:08

Burning forecast EURUSD 05/22/2019

On Tuesday, the EURUSD rate made an attempt to grow - this was fuelled by the pound's growth on reports of the possibility of a new referendum on Brexit.

However, the sellers immediately stopped trying.

It is very likely that we are waiting for an attempt to break through the support zone of 1.1110 - 1.1130 and the beginning of a big downward trend.

We sell from 1.1130.

Alternative: buy from 1.1225.

Burning forecast EURUSD 05/22/2019

Analyst InstaForex
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