Burning forecast 11.12.2018

EURUSD: An attempt at growth stopped. We are waiting for a new attempt to break through.

On Monday, another attempt by the euro to start moving upwards failed.

The reason – the political crisis in England around the agreement with the EU sharply pulled down the pound, and the euro could not grow against this background.

Due to the problems of the British government with the approval of the agreement with the EU, an emergency EU summit is scheduled on Thursday – this may affect the euro. In addition. we remember the ECB meeting on Thursday.

So, there are new levels to break through.

We are ready to buy the euro from 1.1445, stop 1.1400, target 1.1645.

We are ready to sell the euro from 1.1304.

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