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12.06.201910:22 Forex Analysis & Reviews: Trading plan for EURUSD on 06/12/2019

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The market is under pressure from the expected Fed rate cut. The main question is what the Fed will say at the meeting on June 19.

In the US economy, a slowdown in growth is noticeable. In the German economy, there are signs of a halt in growth according to the latest measurements of investor sentiment.

The main reason for the slowdown was the US-China trade war unleashed by Trump. Trump is not going to retreat, everything should be decided at the meeting of Trump-Xi Jinping at the G20 summit

Euro: We expect to continue growth, keep buying from 1.1220 and 1.1190

The next target is 1.1450

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