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Friday, April 12, 2019

Burning forecast 04.12.2019 EURUSD

The Brexit subject moves away from the market's main annoyances. Brexit is postponed until the end of October.

The Fed and the ECB took a soft stand - we do not expect a rate hike until the end of the year.

EURUSD: The technical picture shows a possible upward trend - the first target is 1.1450, then a breakthrough to the top and a target of 1.2000

We keep buying from 1.1250

Alternative: Sell from 1.1175

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The material has been provided by InstaForex Company - www.instaforex.com

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