Trading Plan for EUR/USD pair on 05/29/2019

The euro is under pressure and the US market is rather looking down. Yet, the economy remains strong. There is no reason for a crisis right now.

On the market is a stop period. All major topics are deadlocked. The resignation of Prime Minister May in Britain has stopped the situation on Brexit for at least a month. The US-China trade negotiations also halted.

The euro is under pressure and the US market is rather looking down. Yet, the economy remains strong. There is no reason for a crisis right now.

EUR/USD: Returns to range

Moving up and down is equally is expected.

We are ready to buy euros from 1.1220.

We are ready to sell the euro from 1.1105.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Trading Plan for EUR / USD pair on 05/29/2019

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