FX.co ★ Trading plan for EURUSD on 07/31/2019

During the third trading day, the euro closed above 1.1100, it could be a signal to turn up.

Inflation data in the US on the RFE showed moderate inflation, at the level of forecasts.

Today at 19:00 London time, the Fed's decision on rates. Everyone expects a rate cut from 2.375% to 2.125%.

The main question is whether there will be a hint of a further reduction in the Fed rate.

EURUSD: Buy at the break of 1.1190 up.

When turning down, we sell from 1.1100.