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Burning forecast EURUSD 27/05/2019

At the end of last week, the announcement of the resignation of the Prime Minister of Britain, Theresa May, stopped the decline of the pound. This supported the euro.

Over the weekend, the elections to the European Parliament were held - despite the fears, the majority were gathered by the supporters of the preservation of EU.

The euro, at the end of last week, gave a signal to move upwards, breaking through the level of 1.1190 and fixing higher.

We are waiting for the trend to continue upwards.

We keep buying euro from 1.1190.

The key level for growth is 1.1270.

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