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01.04.201910:38 Forex Analysis & Reviews: Trading Plan 04/01/2019

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

The story of Brexit continues to put pressure on the market. Last week failed to make any decision.

In the new week, the debate in the British Parliament will continue. On the table are all possible options - from the preservation of Britain in the customs and trade union (or separately) - to a new referendum or withdrawal from the EU without an agreement. Attempts to find a solution that suits the majority will continue in the new week.

In addition, the new week will be released important news on the US economy - reports on employment for March - on Wednesday and Friday (nonpharm-s). On Tuesday, a report on orders for durable goods will be released.

The euro continues a long consolidation.

We are ready to take part in the trend movement after the euro leaves the range.

We buy euros from 1.1335.

We are ready to sell the euro from 1.1175.

Exchange Rates 01.04.2019 analysis

Jozef Kovach
Analytical expert of InstaForex
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