FX.co ★ Trading plan EURUSD 10/14/2019

Markets in general and European currencies grew last week on optimism factors: Trump-China trade negotiations yielded positive results; there was a chance for an EU-Britain deal.

Nevertheless, the growth impulse begins to fade, and a halt is possible.

The next few days will show whether the euro growth was only a corrective rebound – or a change of direction.

EURUSD: We keep purchases from 1.0945 and 1.1005.

Possible purchases from kickbacks.

In the case of a downward turn, we sell from 1.0940.