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23.07.201908:41 Forex Analysis & Reviews: Trading plan for EURUSD on 07/23/2019

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.

Exchange Rates 23.07.2019 analysis

The euro is trying to get out of the hard range.

On Tuesday morning, the EURUSD has broken the key low of 1.1190, but couldn't move.

We keep sales from 1.1190 stop 1.1230.

However, in the case of a reversal, we buy from 1.1230.

Further purchase at the break of 1.1290 upward.

The main events – the ECB on Thursday and US GDP for the 2nd quarter on Friday.

Jozef Kovach
Analytical expert of InstaForex
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