Euro sellers tried to reverse the rate from 1.1500, however, it did not work out below 1.1200. This means that at present, the euro is trading upward.
EURUSD:
Prepare to buy from 1.1340.
For aggressive purchases, you may consider buying from 1.1280.
The target is at 1.1500.
The acceleration of movement is expected on Tuesday after the release of the data on US retail sales for the month of May which is expected at 12:30 UTC.
The material has been provided by InstaForex Company – www.instaforex.com
Euro sellers tried to reverse the rate from 1.1500, however, it did not work out below 1.1200. This means that at present, the euro is trading upward.
EURUSD:
Prepare to buy from 1.1340.
For aggressive purchases, you may consider buying from 1.1280.
The target is at 1.1500.
The acceleration of movement is expected on Tuesday after the release of the data on US retail sales for the month of May which is expected at 12:30 UTC.
The material has been provided by InstaForex Company – www.instaforex.com
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