Burning forecast 05.02.2019 EURUSD

The EURUSD rate has formed new boundaries of the range.

The situation is quite uncertain: during the first few days of the week, the euro rose and canceled its downward movement. At the same time, the euro fell sharply on the Fed's decision, quickly zeroing out half of its three-day growth. The Fed gave a soft comment, drawing attention to the slowdown. At the same time, the employment report from ADP, on the contrary, showed a sharp increase in employment at +275K

Thus, the market must finally choose a direction.

We are ready to sell the euro from 1.1110

We are ready to buy the euro from 1.1270

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