11.10.201909:01 Forex Analysis & Reviews: Trading plan EURUSD 10/11/2019

Exchange Rates 11.10.2019 analysis

Positive news strongly turned up the pound. The euro holds growth.

On Thursday, at a meeting of the leaders of Britain and Ireland (Varadkar and Johnson), it was announced that an agreement on the border between Britain and Ireland is possible. This led to a sharp reversal of the pound upward.

Further. On Friday, Trump-China high-level talks on trade are announced and positive is possible (otherwise there would be no point in the meeting).

EURUSD:

Attempts by sellers to sell the euro below the level of 1.1000 were unsuccessful.

We keep purchases from 1.0945 and 1.1005.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Sam Alan,
Analytical expert
InstaForex Group © 2007-2020
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