Trading plan for EURUSD on 08/21/2019


The main event – minutes of the Fed in the evening at 19:00 London time.

The main news: Trump puts pressure on the Fed, demanding to lower the rate and offers to lower the capital gains tax. Trump is trying to spur economic growth, despite the fact that the US economy is already in very good shape.

EURUSD: the euro stopped ahead of the strong support levels of 1.1065 and 1.1025.

We keep sales from 1.1160, stop in a breakeven.

Possible sales on a breakdown of 1.1065 and 1.1025 down. Stop at 45 points in a 4-digit.

The material has been provided by InstaForex Company –