16:30 MSK. USA: Change in GDP for the quarter.
The euro dollar forex EURUSD forecast for today 28/02/2019
EUR / USD today - Forex traders are two reasons to buy the euro.
The first reason, today States may disappoint investors weak GDP data for the fourth quarter. Economic growth in the United States traditionally shows strong growth in the second and third quarters, and then in the period from October to December, there was a decline. Who is against good data and the Federal Reserve plays a factor, which in the past year, four times to raise interest rates, which had a negative impact on many sectors of the economy. EURUSD for a positive signal!
The second reason, "bull rally" in the oil market will provide additional support for the single European currency, due to the direct correlation EURUSD and BRENT. On the eve of the Minister of Energy of Saudi Arabia, said the need to extend the OPEC agreement + to the second half of the year, as US crude stocks rose and the need to bring this process to balance. For oil quotes is good news - the black gold is set to test the level of 68.44 $ / barrel.
EURUSD recommendation: Buy 1.1360 / 1.1340, and take profit 1.1420