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03.06.201907:53 Forex Analysis & Reviews: Burning forecast EURUSD 06/03/2019

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The focus is on Trump's trade wars primarily against China. (Also, there is still a war against Mexico and a possible war against the EU).

Over the weekend, Morgan Stanley made a forecast that in the event of another wave of increase in the US duties against China and the response of China - the US would fall into recession in the next 9 months. China threatens to retaliate against the United States - especially after the United States has persecuted Huawei company.

EURUSD: Possible upward reversal.

We are ready to buy the euro from 1.1220

We are also ready to sell the euro from 1.1105

Exchange Rates 03.06.2019 analysis

Dean Leo
Analytical expert of InstaForex
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