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FX.co ★ Burning forecast 06.14.2019 EURUSD

Burning forecast 06.14.2019 EURUSD

The market was influenced by a new factor of international tension: two tankers in the Persian Gulf were attacked and damaged - the US claimed that the video showed Iran's involvement in the attacks on the tankers. Iran has previously threatened to block the transportation of oil through the bay. A significant part of the oil supply to Europe follows through this zone. The price of oil did not react much, the dollar strengthened.

Otherwise, economic news shows a slowdown in US growth.

EURUSD: the euro is held in a state of growth despite more than four days of correction.

We keep buying from 1.1190 and from 1.1220

Possible purchases from current levels and entry into the breakdown to the top 1.1350.

Burning forecast 06.14.2019 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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