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05.09.201909:15 Forex Analysis & Reviews: Trading plan for EURUSD on 09/05/2019

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There is a political crisis in Britain. New elections are very likely this fall. Prime Minister Johnson insists on leaving the EU without an agreement on October 31 but parliament has banned him from leaving the EU without an agreement. Johnson then proposed a new election on October 15 but parliament also opposed it. However, Johnson does not back down. The government cannot work in such a confrontation with parliament. Parliament demands a new postponement of Brexit if there is no agreement with the EU until October 19 but Johnson opposed it.

EURUSD: Strong growth from lows questioned the downward trend.

We still keep sales from 1.1050 but stop is at breakeven.

You can aggressively buy a breakdown of 1.1050 up.

Conservatively buy with a break of 1.1165 up.

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