FX.co ★ Burning forecast EURUSD 28/05/2019

British Prime Minister Theresa May will resign June 8. The new head of government will have to face the problem of Brexit again - which looks almost insoluble. The opposition is in favor of a new referendum. The most likely new Prime Minister is Boris Johnson, who is rather a supporter of Brexit without an agreement with the EU.

US - China trade disputes looks like a long-term problem.

Otherwise, there is no strong news.

EURUSD: The euro is still held within the beginning of the upward movement.

We are ready to buy euro at the breakthrough of 1.1220.

In the case of a full turn downwards, we sell from 1.1108.