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20.11.2019 08:42 AM
Trading plan EURUSD 11/20/2019

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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.

Jozef Kovach,
Analytical expert of InstaForex
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