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22.08.201908:32 Forex Analysis & Reviews: Trading plan for EURUSD on 08/22/2019

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.

Exchange Rates 22.08.2019 analysis

On Wednesday, the first important event took place. The reports of the Fed meeting were released. As can be seen from the chart, this did not give a strong impetus to the euro.

The summit of the Central Bank leaders in Wyoming will be held this weekend.

The EURUSD pair is clamped in a narrow range:

We buy with a break of 1.1115 up.

We sell with a break of 1.1065 down.

Jozef Kovach
Analytical expert of InstaForex
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