Trading signals

EUR/USD

EURUSD

Persistent USD-weakness increased demand for the euro. Markets’ focus stays on the Brexit deal and the ECB meeting.

 

The main scenario is a decline to the 1.1130 region.

An alternative scenario is a move towards the 1.1220 level. 

 

Trading recommendations

 

Sell the EUR/USD pair to 1.1130 if you see a break of 1.1160.

Buy the euro towards 1.1220 should the price overcome 1.1180.