FX.co ★ Burning forecast 06.21.2019 EURUSD and trading recommendation

The EURUSD rate holds the growth impetus set by the Federal Reserve's decisions and statements at a meeting on June 18.

Now analysts expect the Fed to cut rates by the end of the year.

From the point of view of technical analysis, the euro gave a signal for growth after a breakthrough above 1.1250 and consolidation above.

Further, for the upward movement's development, it is of fundamental importance to go above 1.1350 and gain a foothold.

EURUSD:

In terms of technical analysis, you can buy the euro from 1.1280 - and then buy for a breakthrough of 1.1350

In case of a full turn downwards, you can sell at a break below 1.1180.