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06.05.201909:32 Forex Analysis & Reviews: Burning forecast EURUSD 05/06/2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

On Friday, the EURUSD showed a strong reversal, despite solid data on the US economy - and in particular, good data came out on US employment in April.

The euro strengthened on inflation data in the eurozone.

Now the growth of the euro is possible.

We are ready to buy the euro at the break of 1.1270 upward.

We are ready to sell the euro from 1.1110 down.

Exchange Rates 06.05.2019 analysis

Dean Leo
Analytical expert of InstaForex
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