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16.09.201910:23 Forex Analysis & Reviews: Trading plan for EURUSD on 09/16/2019

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Exchange Rates 16.09.2019 analysis

On Monday, there will be an important meeting between British Prime Minister Johnson and the EU leadership on the possibility of new conditions for Brexit. Johnson is firm in his intention to leave the EU on October 31st.

Next week – the Fed meeting on Wednesday. The market expects a Fed rate cut by 0.25%

EURUSD: We are waiting for the upward movement to continue, after the growth momentum at the ECB.

We buy from 1.1110.

In the case of a full reversal down, sell from 1.0925.

Jozef Kovach
Analytical expert of InstaForex
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