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FX.co ★ Trading plan for EURUSD on 09/26/2019

Trading plan for EURUSD on 09/26/2019

Trading plan for EURUSD on 09/26/2019

On Wednesday, September 25, for the first time in a long time, there was an attempt to start a general trend in currencies – this time against the dollar. Together against the dollar, all the major pairs moved – the euro, the pound, the franc, and the yen.

On Thursday morning, we see a rebound of the euro from the key low of 1.0925.

Now, everything depends on the way forward: either the euro will break down 1.0925 and consolidate below – or there will be a return to levels above 1.1000.

We keep sales from 1.0990 stop 1.1025.

We sell from 1.0925.

We buy at the breakout of 1.1025.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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