Trading Plan 08/04/2019

The big picture: The market is preparing a move.

The fight around Brexit continues. Despite the seemingly successful start of the May-Corbin negotiations on a compromise, it was stated that May was not ready to make sufficient concessions for the deal.

Thus, a long delay on Brexit is more likely to take place on Monday morning.

The US news shows that the US economy is in a state of slowdown.

The EUR/USD rate seems ready to finally organize the movement.

We are ready to buy from 1.1255.

We are ready to sell from 1.1175.


The material has been provided by InstaForex Company -