21.01.201910:22 Forex Analysis & Reviews: Trading Plan 01/21/2019

Long-term review

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The foreign exchange market has long been ripe for a strong trend movement, especially for the euro.

The new week has three important events, each of which can start a trend:

1. Trump-Democrats negotiations on the "shutdown" can give a positive impetus to the markets - none of the parties are interested in deepening the crisis around the budget.

2. Theresa May should try to find a compromise in parliament for an agreement with the EU - there is almost no time left - the BREXIT deadline is the end of March.

3. ECB meeting on monetary policy on Thursday.

We are ready to buy euros from 1.1490.

Alternative: Selling from 1.1300.

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