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24.06.201910:22 Forex Analysis & Reviews: Trading Plan for EUR/USD pair on 24.06.2019

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.

Focus of the market is on the Trump talks with Xi Jin Ping at the G-20 summit in Japan at the end of a new week.

The market expects the US and China to make a deal and this will end the protracted trade war launched by Trump.

On the optimism of these expectations, the markets are growing and the dollar is declining, as well as on the expectation of a Fed rate cut.

We keep purchasing from 1.1250 with possible kickbacks.

In the case of a full downward turn, sales from 1.1180 are suggested.

Exchange Rates 24.06.2019 analysis

Jozef Kovach
Analytical expert of InstaForex
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