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FX.co ★ Burning forecast 07/17/2019 EURUSD and trading recommendation

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Forex Analysis:::2019-07-17T06:05:14

Burning forecast 07/17/2019 EURUSD and trading recommendation

Burning forecast 07/17/2019 EURUSD and trading recommendation

EURUSD rate dropped significantly from Monday to Tuesday. The reasons are the strengthening of the dollar on strong economic data, and a significant drop in the pound on reports of a high probability of Britain's withdrawal from the EU without an agreement.

Today at 18:00 London time there will be a report from the Fed "Beige Book" - this can determine the movement of the market.

We are waiting for the euro out of range.

EURUSD: In terms of technical analysis, you can sell from 1.1190,

You can buy from 1.1290

Analyst InstaForex
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