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14.10.2019 09:01 AM
Trading plan EURUSD 10/14/2019

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Markets in general and European currencies grew last week on optimism factors: Trump-China trade negotiations yielded positive results; there was a chance for an EU-Britain deal.

Nevertheless, the growth impulse begins to fade, and a halt is possible.

The next few days will show whether the euro growth was only a corrective rebound – or a change of direction.

EURUSD: We keep purchases from 1.0945 and 1.1005.

Possible purchases from kickbacks.

In the case of a downward turn, we sell from 1.0940.

Jozef Kovach,
Analytical expert of InstaForex
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