FX.co - Trading plan for EURUSD on 08/30/2019

2019-08-30T12:08:57

Relevance until2019-08-31

There's a lull in the market.

EURUSD: the euro broke below the important level of 1.1050 – a signal to fall.

However, there is an even longer level of 1.1025 below.

In the case of a break below 1.1025 and consolidation, a downward trend is likely.

We keep sales from 1.1050.

In the case of a full turn up, purchase from 1.1115.

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

Analytical expert

Jozef Kovach

FX.co ★ Trading plan for EURUSD on 08/30/2019