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29.05.201912:20 Forex Analysis & Reviews: Trading Plan for EUR / USD pair on 05/29/2019

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The euro is under pressure and the US market is rather looking down. Yet, the economy remains strong. There is no reason for a crisis right now.

On the market is a stop period. All major topics are deadlocked. The resignation of Prime Minister May in Britain has stopped the situation on Brexit for at least a month. The US-China trade negotiations also halted.

The euro is under pressure and the US market is rather looking down. Yet, the economy remains strong. There is no reason for a crisis right now.

EUR/USD: Returns to range

Moving up and down is equally is expected.

We are ready to buy euros from 1.1220.

We are ready to sell the euro from 1.1105.

Exchange Rates 29.05.2019 analysis

Jozef Kovach
Analytical expert of InstaForex
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