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Sell EURUSD and buy #DAX30

Sell EURUSD and buy #DAX30 | 06 Junio 2019

06 Junio 2019, EUR/USD

Sell EURUSD and buy #DAX30

EURUSD trading plan:

European central bank may declare the need for incentive activities. Low inflation in the Euro zone will force the ECB to cut interest rates in December 2019. Mario Draghi will talk about inflation problems at the ECB press conference today. European central bank four years can’t solve the problem of low inflation. This is a negative signal for the Euro. The quotes may fall below the psychological level of 1.1200. We are expecting the growth of European stock markets today. Low inflation is a positive signal for the stock markets. Buy index #DAX30 with target 12100.

Trading recommendation: Sell 1.1250 and take profit 1.1199.

David Johnson
Analyst of «FreshForex» company
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