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Burning forecast 07/15/2019 EURUSD and trading recommendation

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US inflation data was released at the end of last week, which showed growth above the forecast, as we tried to play for the dollar's growth. A strong report on employment in June that previously came out was also in favor of the dollar. However, the Fed's willingness to lower the rate outweighs - the dollar is not significantly strengthened.

EURUSD: euro holds growth.

We assume that the euro will face a new wave of growth.

From the point of view of technical analysis, you can buy from 1.1285 and further to break 1.1325

The alternative is when you turn down selling from 1.1180.

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