Burning forecast 05/01/2018
EURUSD: The downward trend is not canceled.
The euro remains in the state of a downward trend. The key level is down to 1.2055.
Key upward level 1.2140
Important event: Trump extended until June 1 the decision on the issue of preferential duties on steel and aluminum for the EU, Canada and Mexico - until an agreement is reached.
Looking forward- the Fed meeting is scheduled on Wednesday.
Sell euro from 1.2115 stop at 1.2150, profit at 1.2000
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