FX.co ★ Trading Plan for EUR/USD pair on 24.06.2019

Focus of the market is on the Trump talks with Xi Jin Ping at the G-20 summit in Japan at the end of a new week.

The market expects the US and China to make a deal and this will end the protracted trade war launched by Trump.

On the optimism of these expectations, the markets are growing and the dollar is declining, as well as on the expectation of a Fed rate cut.

We keep purchasing from 1.1250 with possible kickbacks.

In the case of a full downward turn, sales from 1.1180 are suggested.