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09.11.201808:50 Forex Analysis & Reviews: Trading Plan 11/09/2018

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The general picture: the Fed may continue to raise rates.

On Thursday, the main event of the week for the market took place - the Fed's decision.

The Fed left the rate unchanged, but the comment was pretty tough.Employment is rising, wages are rising, and probably inflation will follow. And in this case, the Fed will be forced to raise the rate or maybe it will not increase.

In such a situation of uncertainty, there is some reversal towards the dollar.

Pound: We are ready to buy a breakthrough of 1.3180 up.

Exchange Rates 09.11.2018 analysis

Jozef Kovach
Analytical expert of InstaForex
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