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Monday, April 22, 2019

Trading Plan for EUR / USD pair on 04/22/2019

Big Picture: Focus will be on the News from the US.

On Monday, trading will be sluggish in Europe and the United States as the celebration of Easter continues in the half of the day.

On Thursday and Friday, important news on the US economy will be released - orders for durable goods on Thursday - and the first GDP report for Q1 on Friday - we expect very weak data.

Important news on the US economy will be released on Thursday and Friday such as the orders for durable goods on Thursday and the first GDP report for Q1 on Friday, where we expect a very weak data.

EUR/USD: the consolidation of the pair continues.

We look forward to the breakthrough of the boundaries of the range and the beginning of the trend.

We buy from 1.1325.

We sell from 1.1180.

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The material has been provided by InstaForex Company - www.instaforex.com

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