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FX.co ★ Trading plan EURUSD 11/20/2019

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Forex Analysis:::2019-11-20T06:42:51

Trading plan EURUSD 11/20/2019

Trading plan EURUSD 11/20/2019

Morning News: New US-China escalation. The US Senate approved a bill to support protesters in Hong Kong, now China's territory. China, which considers this interference in its affairs, threatens retaliation. The prospects for a new US-China trade agreement have become even more uncertain.

EURUSD. The euro continues to "standstill" under strong resistance – the zone of 1.1080-1.1100.

We expect a new growth attempt rather than a big pullback.

We keep purchases from 1.1045 – in case of a rollback, you can buy again from 1.1045.

Stops at 1.1000.

In the case of a full turn down, sales from 1.0985.

Analyst InstaForex
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