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21.06.201912:04 Forex Analysis & Reviews: Trading Plan 06/21/2019 EURUSD

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.

Exchange Rates 21.06.2019 analysis

The euro is ready to continue to grow on easing expectations of Fed based on the outcome of the Fed meeting on June 18.

Tensions around Iran subsided in the morning of June 21 - it became known that the United States was preparing a military strike on Iran in response to the crashed US drone - but Trump canceled the strike.

On the trade war Trump - China: The market is awaiting negotiations at the G-20 Trump summit - Xi Jin Ping next week. We expect that the negotiations will be successful.

EURUSD :

We hold purchases from 1.1250.

Possible purchases for a breakthrough at 1.1350.

Jozef Kovach
Analytical expert of InstaForex
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