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FX.co ★ Burning forecast 06/08/2018

Burning forecast 06/08/2018

Burning forecast 06/08/2018

Trump, duties, the Big Seven.

Today in Canada, an important meeting of the G-7 will begin. The main issue is the new import duties in the US for steel and aluminum, which Trump is ready to introduce against his allies and partners - Europe, Canada, Mexico, and China. These countries are ready to introduce retaliatory measures against imports from the United States if they fail to find a compromise with President Donald Trump. This topic will be the main one for the markets today and on Monday.

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We believe that the euro's growth will continue after the correction.

Buying the euro from 1.1745, stop at 1.1700, profit at 1.1945.

Alternative: Sell from 1.1650.

Burning forecast 06/08/2018

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