15:30 MSK. US: Consumer Price Index for June.
EUR \ USD Forex EURUSD forecast for today 11/07/2019
The main event of the day the publication of data on inflation in the US in June. Reducing the cost of energy, coupled with a fall in import prices, it points to the output data within the median forecasts. CPI decline to a level of 1.6% will cause a new wave of sales of the US dollar. In the debt market, the yield spread of 10-year German government bonds / US shows growth that will support the euro. Additional support for the euro will have a bullish trend in the market of gold and oil, to which the European single currency has a strong correlation.
EUR / USD recommendation: Buy 1.1240 / 1.1220, and take profit 1.1284