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FX.co ★ Trading plan for EURUSD on 08/02/2019

Trading plan for EURUSD on 08/02/2019

Trading plan for EURUSD on 08/02/2019

By Friday morning, the euro met with strong resistance from buyers on the way down. The trend, which began on the Fed's decision to reduce the rate on the dollar, was suspended.

Today at 13:30 London time, US employment report for July will be released.

We are ready to sell the euro from 1.1100.

In the case of a turn-up, we are ready to buy the euro from 1.1165.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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