Negative statistics for the Euro | 11 February 2020

11 February 2020, EUR/USD

EURUSD trading plan:

Sentix's index for the euro zone fell to 5.2 from 7.6 in January. The consensus forecast was for a fall to 4.1. The outbreak of the coronavirus and the subsequent drastic measures taken by the Chinese government cast a shadow over the economic outlook in Euro Zone. Britain plans to introduce import controls on European Union goods at the border after its post-Brexit transition period ends on Dec. 31 this year, senior minister Michael Gove said on Monday. This is negative news for the Euro.

Trading recommendation: Sell 1.0918 and take profit 1.0900

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How to receive the trading strategy?

1) Fund the account on $100 or more from February 4 to February 29, 2020.

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Make a strong strategic move!


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
David Johnson
Analyst of «FreshForex» company
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