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12.08.201908:49 Forex Analysis & Reviews: Trading plan for EURUSD on 08/12/2019

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 12.08.2019 analysis

The euro is holding growth.

There is no strong news. The market is waiting for the continuation of Trump-China and Brexit stories without an agreement.

The euro is kept in a narrow range.

We keep purchases from 1.1165, but stop is at breakeven.

In the case of growth, purchase from 1.1250.

Sales from 1.1025.

Jozef Kovach
Analytical expert of InstaForex
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