FX.co ★ Trading plan for EURUSD on 08/23/2019

The euro remains under pressure on Friday morning.

The main event is the meeting of the Central Bank heads in Jackson Hole.

The market expects the head of the Fed to say something about the Fed rate cut.

ECB representatives again promised a significant package of policy easing in September.

This is facilitated by data on a clear slowdown in German industry.

EURUSD: We keep sales from 1.1160.

We sell from 1.1065.

In the case of a bullish reversal, we buy from 1.1115.