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13.08.201908:35 Forex Analysis & Reviews: Trading plan for EURUSD on 08/13/2019

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 13.08.2019 analysis

There is still no strong news.

The euro continues to meet very strong resistance from sellers at the level of 1.1250.

At the same time, there is no fall below 1.1150.

The market continues to look up the euro but the situation may change.

We are ready to buy the euro from 1.1250.

In the case of turning down, the entry-level is 1.1025.

Jozef Kovach
Analytical expert of InstaForex
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