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FX.co ★ Burning forecast 04.30.2019 EURUSD

Burning forecast 04.30.2019 EURUSD

Buyers are trying to return the euro to the range and disrupt the trend. Perhaps they will succeed.

The main event will be the Fed's monetary policy decision on Wednesday at 18:00 London time - if the statement indicates an acceleration in economic growth - this could give a new impetus to the dollar growth.

Notably, analysts expect a report regarding the US employment rate for April - a report from ADP tomorrow on Wednesday and an official report (Non-farm payrolls) on Friday, May 3.

We keep selling from 1.1220

In case of a full reversal, we buy from 1.1265

Burning forecast 04.30.2019 EURUSD

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