FX.co ★ Trading Plan 08/04/2019

The big picture: The market is preparing a move.

The fight around Brexit continues. Despite the seemingly successful start of the May-Corbin negotiations on a compromise, it was stated that May was not ready to make sufficient concessions for the deal.

Thus, a long delay on Brexit is more likely to take place on Monday morning.

The US news shows that the US economy is in a state of slowdown.

The EUR/USD rate seems ready to finally organize the movement.

We are ready to buy from 1.1255.

We are ready to sell from 1.1175.