FX.co ★ Trading plan 01/08/2020 EURUSD. Iran strikes

Iran has struck a US base in Iraq. Iran claims that there those who are dead. The US denies. Iran is threatening to launch the next strike "on US territory." In addition, Iran threatens to strike all US allies in the region if there are attacks on Iran from their territory. All this is a consequence of the US strike on General Soleimani.

The markets initially reacted nervously - gold rose to $1,616; oil has grown. The dollar fell against the yen. However, at 06:00 London time, the markets calm down.

EURUSD - the situation is still calm.

The Euro is holding the trend up.

We buy when a break up 1.1205 and 1.1240.

We sell from 1.1120.