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14.06.201910:58 Forex Analysis & Reviews: Trading plan EURUSD 06/14/2019

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.

On Thursday, the major business media reported that the majority of Fed policy experts (75%) expects that the next action of the Fed will be a rate cut. The question is when it will happen. The Fed meeting is already on June 19.

The second main topic: the planned meeting of the US-China on trade at the G20 summit. Will the parties be able to finally find a compromise? Trump threatens to impose duties of 25% on the new $300 billion worth of goods from China. If this happens, experts predict a recession in the US economy and the world, most likely.

EURUSD: We expect continued growth.

Keep purchasing. It is possible to enter the breakdown of 1.1350 up.

Down input from 1.1199.

Exchange Rates 14.06.2019 analysis

Jozef Kovach
Analytical expert of InstaForex
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