On Monday, the euro continued to remain under pressure from sellers, but the downward movement on Tuesday morning is minimal – this gives some chances for a turn upwards.
The three major news topics have not yet received permission, namely: The Shutdown in the United States – the Democrats said they were not ready to bargain with Trump, while he does not adopt a budget (that is, Democrats demand that Trump put off funding for the wall on the border with Mexico); the second topic – the negotiations in the Parliament of Britain for Brexit – and the Labour party are trying to carry out the amendment, opening the way to a new referendum; the third issue is the ECB meeting on Thursday.
We expect an impulse from one of these events in the very near future – and the beginning of a big movement on the euro.
We are ready to buy the euro at the break of 1.1415 upwards.
Alternative: sell from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
On Monday, the euro continued to remain under pressure from sellers, but the downward movement on Tuesday morning is minimal – this gives some chances for a turn upwards.
The three major news topics have not yet received permission, namely: The Shutdown in the United States – the Democrats said they were not ready to bargain with Trump, while he does not adopt a budget (that is, Democrats demand that Trump put off funding for the wall on the border with Mexico); the second topic – the negotiations in the Parliament of Britain for Brexit – and the Labour party are trying to carry out the amendment, opening the way to a new referendum; the third issue is the ECB meeting on Thursday.
We expect an impulse from one of these events in the very near future – and the beginning of a big movement on the euro.
We are ready to buy the euro at the break of 1.1415 upwards.
Alternative: sell from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
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