FX.co - Trading plan EURUSD 10/25/2019

2019-10-25T06:27:27

Relevance until2019-10-26

The main event of the week – the ECB meeting – was calm, without sensations.

The last meeting with Draghi did not change the course – extremely interventionist – by the ECB.

The euro did not receive any support, growth is under pressure.

However, our market position remains unchanged:

EURUSD – we hold purchases from 1.0945 and 1.1005, stop at 1.0990.

We are waiting for a turn-up.

*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 EURUSD 10/25/2019