FX.co ★ Trading plan for EURUSD on 10/01/2019

The dollar continues to strengthen on negative expectations for US-China trade relations and the crisis around Brexit. Next week, the market will be affected by data on the US economy – on Tuesday, a report on ISM industrial for September will be released.

According to recent reports, British Prime Minister Johnson will make a new attempt to hold its version of the agreement with the EU through Parliament – but there is a risk that the agreement: a) parliament will not pass, as was the case with Theresa May; b) an agreement approved by the British Parliament will not be accepted by the EU. The problem, as before, is in the customs border regime between Ireland and Britain.

EURUSD

We keep sales from 1.0990.

Possible sales from the rebound to the average for H4 – from 1.0910.

Purchases in the case of a turn up from 1.0960.