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FX.co ★ Trading plan for EURUSD on 09/16/2019

Trading plan for EURUSD on 09/16/2019

Trading plan for EURUSD on 09/16/2019

On Monday, there will be an important meeting between British Prime Minister Johnson and the EU leadership on the possibility of new conditions for Brexit. Johnson is firm in his intention to leave the EU on October 31st.

Next week – the Fed meeting on Wednesday. The market expects a Fed rate cut by 0.25%

EURUSD: We are waiting for the upward movement to continue, after the growth momentum at the ECB.

We buy from 1.1110.

In the case of a full reversal down, sell from 1.0925.

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