FX.co ★ Breaking forecast 12/19/2018

Breaking forecast 12/19/2018

EURUSD: We are waiting for the breakthrough of the range and movement.

Another attempt to start the movement on Tuesday fell through - the euro pierced an important level of 1.1400 to the top - but was thrown back into the range.

Today at 18.00 London time, the Federal Reserve will publish a decision on interest rates and a new forecast on the state of the US economy - perhaps this will give impetus to the market.

We are ready to buy euros from 1.1405, stop 1.1360, target 1.1600.

We are ready to sell from 1.1265.