EUR/USD trend: signal to the top
Two events had an impact on the market: Theresa May's resignation statement, which is expected Friday. It gives hope for a way out of the endless crisis around Brexit.
Second: The US stock market showed a strong decline. At the same time, the yield of treasuries plummeted, this changes the situation against the dollar.
The EUR/USD rate has broken up a key maximum of 1.1190.
The beginning of the big trend will be a breakthrough above 1.1270.
We buy from 1.1190.
The material has been provided by InstaForex Company - www.instaforex.com