Burning forecast 02/05/2019

The growth impulse for EURUSD, received last week, was not enough to start a movement.

The picture looks like a return to the range on Tuesday morning.

There are no important news that can give the market a strong push - opportunities, such news will appear in the coming days.

We keep buying from 1.1395 - but the stop is at 1.1395 - this is a key point for returning to the range.

We are ready to buy the euro at the breakthrough of 1.1515.

Alternative: We are ready to sell the euro from 1.1285.


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