FX.co ★ Burning forecast 07/08/2019 EURUSD and trading recommendation

The report on the US labor market, which was unexpectedly strong, caused the euro to fall on Friday - but the movement was not strong.

In the new week, the focus is on the Fed's semi-annual report to Congress - Powell will speak on Wednesday and Thursday at 12:00.

EURUSD: We expect the euro to turn up and a new attempt to start moving up.

From a technical point of view, you can buy when there is a break above 1.1325 and then to 1.1395.

In case of a break downwards 1.1180, sales are possible.