FX.co - Burning forecast 04/30/2018

2018-05-01T00:07:53

Long-term review

EURUSD: Ready for a new wave of declining.

The downward trend of the euro is not canceled. The cancellation signal is the breakthrough of the euro above 1.2244.

Potentially a new decline to last week's low at 1.2055 with an attempt to go lower.

Sell the euro from 1.2150, stop at 1.2195, profit at 1.2000

Alternative: with growth above 1.2110 - waiting for a new signal.

Burning forecast 04/30/2018

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ Burning forecast 04/30/2018