16 Tháng mười hai 2019, EUR/USD
EURUSD trading plan:
We are expecting the development of the downtrend. The U.S. and China said they agreed to the details of the first phase of a broader trade agreement. The deal announced hinges on China increasing purchases of American farm goods such as soybeans and pork, and making new commitments on intellectual property and currency. U.S. Trade Representative R. Lighthizer said in a statement the agreement also included an enforcement mechanism. This is the first bilateral trade deal in 20 years. Investors will increase short positions on "low-yielding" assets: Euro, Japanese yen and gold.
Trading recommendation: Sell 1.1140 and take profit 1.1080.
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