11 Juli 2019, EUR/USD
EURUSD trading plan:
We're expecting the bullish trend to continue today. FOMC are worried about the domestic economy and slowing business investment, trade disputes and other issues affecting global economic health. The United States 2-Year yield fell to 1.84%. This is a negative signal for the U.S. currency! We are seeing a bullish rally in the gold market that will have a positive impact on the value of the Euro. There is a strong correlation between the two assets. Gold is trading above the psychological level of $ 1400. This is a positive signal for the Euro!
Trading recommendation: Buy 1.1258 and take profit 1.1290.