Burning forecast 01/21/19

The euro was under pressure from sellers throughout the previous week, but sales are running out of steam.

In the new week, one of the important signals should lead to growth: there are three such important news - key talks by Trump and the Democrats regarding the "shutdown" are to take place in the US; in Britain, Prime Minister Theresa May should propose a new version of an agreement with the EU - and/or postpone Brexit. On Thursday - an important meeting of the ECB's monetary policy.

One of these events is likely to lead to the growth of the Euro.

We are ready to buy euros from 1.1490.

Alternative: Sell from 1.1300.

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The material has been provided by InstaForex Company - www.instaforex.com