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07.06.2019 08:03 AM
Trading plan for EURUSD on 06/07/2019

The ECB gave a hint that it could lower the rate - although this is doubtful, given that the ECB rate is already zero, and deposits for banks are minus 0.4%.

The Fed promises to discuss the reduction of rates at a meeting in June (June 19).

EURUSD: The euro reflects these sentiments on rates.

A few days ago, the euro broke through the important level of 1.1220 to the top and is holding higher.

We expect continued growth.

We keep purchases from 1.1190 and from 1.1220.

Possible purchases with kickbacks.

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Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
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