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29.05.2019 12:20 PM
Trading Plan for EUR / USD pair on 05/29/2019

The euro is under pressure and the US market is rather looking down. Yet, the economy remains strong. There is no reason for a crisis right now.

On the market is a stop period. All major topics are deadlocked. The resignation of Prime Minister May in Britain has stopped the situation on Brexit for at least a month. The US-China trade negotiations also halted.

The euro is under pressure and the US market is rather looking down. Yet, the economy remains strong. There is no reason for a crisis right now.

EUR/USD: Returns to range

Moving up and down is equally is expected.

We are ready to buy euros from 1.1220.

We are ready to sell the euro from 1.1105.

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Jozef Kovach,
Analytical expert of InstaForex
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