Burning forecast EURUSD 05/23/2019

On Thursday morning, sellers pushed the EURUSD rate near the support area of 1.1110 - 1.1130 - at the time of 7:40 London time. The euro showed a low of 1.1133

The picture looks like an attempt to break down is inevitable.

The Fed's "minutes" came out on Wednesday - reports from the last Fed meeting showed that rates would remain unchanged for a long time, the Fed is concerned about low inflation.

The British pound continued to fall, reaching 1.2604 - on continuing uncertainty around Brexit - and now around the likely resignation of Prime Minister May.

We are ready to sell the euro at a break of 1.1130 downwards, however:

We are ready to buy the euro from 1.1190