FX.co ★ Breaking forecast 07/12/2019 EURUSD and trading recommendation

The dollar unexpectedly received support on Thursday, as data on the United States showed an increase in inflation above the forecast. Nevertheless, the euro showed stability and holds growth.

We expect continued growth of the euro on the expectations of the Fed rate cut.

EURUSD: From the point of view of technical analysis, you can buy the euro from a pullback of 1.1250 - and further to the breakthrough of 1.1325 and 1.1395

Alternative: When turning down sell from 1.1180