Burning forecast EURUSD 05/31/2019

On Thursday, the deputy head of the Fed said that the Fed should be ready to lower the rate if the forecasts of the economic situation deteriorate. The reason for the deterioration is Trump’s trade wars against US trading partners in the first place. This puts an end to the possibility of increasing the Fed rate until the end of the year for sure.

This message has stopped the decline of the euro.

EURUSD: Range.

We are ready to sell the euro from 1.1105.

We are ready to buy the euro from 1.1220.

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

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MOKAR

Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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