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FX.co ★ Trading plan for the European session for July 19 EUR/USD and GBP/USD

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Forex Analysis:::2017-07-19T07:25:18

Trading plan for the European session for July 19 EUR/USD and GBP/USD

EUR / USD

To open long positions for EURUSD, you need:

The bulls reached the targets set for the first week and now there is a slight correction.

To open short positions for EURUSD, you need:

Selling the euro today is best done after an unsuccessful attempt to consolidate and return to the level of 1.1552 or at the level of immediate rebound from 1.1578.

Trading plan for the European session for July 19 EUR/USD and GBP/USD

GBP / USD

To open long positions for GBPUSD, you need:

For the pound, the buy signal will appear after consolidation above the level of 1.3048.

To open short positions for GBPUSD, you need:

Sellers will rely on the formation of a false breakout in the area of the 1.3048 which will lead to an increase in short positions with the test level at 1.3014.

Trading plan for the European session for July 19 EUR/USD and GBP/USD

Fears indicator

MA (moving average) 50 days - yellow

MA (moving average) 30 days - green

MACD: a fast EMA 12, Slow EMA 26, SMA 9

Bollinger Bands 20

To familiarize with the basic concepts and the general rules of my TS is found here: https://fxcraft.ru/archives/19945

Analyst InstaForex
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