20.02.201909:04 Forex Analysis & Reviews: Burning forecast 02/20/2019

Long-term review

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On Tuesday, February 19, the EURUSD rate drew a strong daily bullish candle - a clear signal of a reversal upward.

Now the price has stalled in the middle of the line (Alligator Bill Williams) by the day. The next target is a strong resistance line on the way up to around 1.1420-1.1430.

There are two news that can push - or try to break the movement: the Fed's minutes at 18.00 London time - and the meeting of British Prime Minister Theresa May and European Commission head Jean-Claude Juncker - the latest attempt to help the British government carry out an agreement with the EU on Brexit through Parliament.

We keep buying from 1.1315.

Alternative: Sell from 1.1230.

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