Burning Forecast 05/09/2018 - Forex247

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Wednesday, May 9, 2018

Burning Forecast 05/09/2018

Burning Forecast 05/09/2018

EURUSD: We are waiting for growth.

On Tuesday, Trump announced the withdrawal of the US from the "nuclear deal" agreement with Iran. This is a step towards a war with Iran. In the short term, the growth of the dollar should stop.

Perhaps the market is waiting for data on inflation in the US on Thursday.

We buy the euro at the break of 1.1940 upwards, stop at 1.1895, profit 1.2040.

There is no level for entry down.

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The material has been provided by InstaForex Company - www.instaforex.com


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