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FX.co ★ Trading plan on EUR/USD for January 2, 2020.

Trading plan on EUR/USD for January 2, 2020.

 Trading plan on EUR/USD for January 2, 2020.

So, the new trading year 2020 has started. Happy New Year to you!

The EUR/USD exchange rate is experiencing a downward pressure on the first hours of trading.

However, everything is within the upward trend so far: The signal for the trend is a break and consolidation above 1.1200.

Keep buying from 1.1035, like from the beginning of December.

It makes sense to keep buying from 1.1100.

Buy from 1.1200. I would write about breakeven.

Possible rollback on buying from 1.1185.

Sell from 1.1065.

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