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27.05.201912:55 Forex Analysis & Reviews: Trading Plan for EUR/USD pair on 05/27/2019

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.

In the calendar for the new week, an important news is expected, particularly the report on US GDP on Thursday and inflation on Friday.

Elections to the European Parliament is in favor of the euro.

The question of Brexit leaves the market's agenda until a new prime minister appears in Britain, not earlier than mid-June.

EUR/USD: There is a growth signal.

The key issue for the upward trend is breaking higher to the level of 1.1270.

We can keep buying from 1.1190 and then see what happens.

Exchange Rates 27.05.2019 analysis

Jozef Kovach
Analytical expert of InstaForex
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