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FX.co ★ Trading Plan EURUSD 05/08/2019

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Forex Analysis:::2019-05-08T10:05:32

Trading Plan EURUSD 05/08/2019

Industry news in Germany showed - unexpectedly for experts - a noticeable increase. In March, German industry showed a growth of + 0.5%, with a forecast of a fall of -0.5%. This is the second month of growth in a row.

According to the US: The head of JPM Dimon said that he considers it very likely that a US-China trade agreement would be concluded and the war would end; he estimated these chances at 80%.

EURUSD: We expect out of range and strong trend.

We buy euros from 1.1220.

We sell from 1.1110.

 Trading Plan EURUSD 05/08/2019

Analyst InstaForex
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