FX.co ★ Burning forecast 07/01/2019 EURUSD and trading recommendation

Euro: Growth under pressure.

The euro is in a growth trend against the dollar, but on Monday morning we see a corrective decline - up to 1.1250, this is within the correction.

The Trump-China deal happened over the weekend, stopping the trade war at least for a time.

The new week has a lot of important data on the US economy for July, including reports on employment on Wednesday and Friday.

We keep buying from 1.1250

In terms of technical analysis, it is possible to purchase from declines and also with a breakthrough of 1.1395