There is no new important news. On Wednesday and Friday, there will be reports on employment in the US for September. On Wednesday – ADP. On Friday – official (non-farm). The forecast – approximately +150 +160K – is positive for the dollar.
ISM reports for September industrial and non-industrial will be released on October 1 and 3, respectively.
Europe: in Britain, the crisis around the Johnson government and Brexit is only intensifying. As long as Britain's exit date is still October 31, exit without an agreement is highly likely.
EURUSD
Formally, the euro has been in a downward trend since September 26, when the price broke down the level of 1.0925 and closed lower. However, so far the minimum has been updated by only a measly 20 points to 1.0905. The euro on Monday morning held around 1.0940 – above the breakdown line of 1.0925
The breakdown and the trend signal were likely false, and we are waiting for a reversal up. At the same time, it is possible to continue the downward trend.
We are on sale from 1.0990 – stop at breakeven.
We sell from 1.0904.
We buy from 1.1025.
