Breaking forecast 11.27.2017
The euro is ready to continue its growth, but a rollback is highly probable.
German Chancellor Merkel with an iron hand extinguished the political crisis: The main opposition- the SPD party- is ready to support the Merkel government. The issue of new elections is at least postponed for a long time.
In the world economy and in the EU economy everything is still positive. The Fed has no desire to accelerate the rate hike - therefore there is no reason for the dollar's strengthening.
The euro keeps its growth potential. Still, there has already been a significant increase (on the morning of Monday, the price of EURUSD is at 1.1930) - ahead of a significant resistance zone 1.2050 - 1.2100 - there is high probability of a rollback.
Buy euros from a rollback of 1.1865 and below.
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