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27.09.2019 08:39 AM
Trading plan for EURUSD on 09/27/2019

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On Thursday, the EURUSD rate broke down an important level of 1.0925 and consolidated below.

Technically, this is a strong signal for the beginning of a downward trend.

There was no strong impulse from the foundation — perhaps Trump's tough rally against China gave a signal to the markets that one should not expect positive on the Trump-China agreement. In Britain, things are still moving towards leaving the EU without an agreement. Today at 13:30 London time, there will be a report on inflation in the United States.

EURUSD: Hold sales from 1.0990.

We sell from 1.0925.

Jozef Kovach,
Analytical expert of InstaForex
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