Good news and bad news | 27 September 2019

27 September 2019, EUR/USD

Good news and bad news

EURUSD trading plan:

Good news and bad news for the Euro. A whistleblower report released on Thursday said President Donald Trump not only abused his office in attempting to solicit Ukraine's interference in the 2020 U.S. election for his political benefit, but that the White House tried to "lock down" evidence about that conduct. This is a positive signal for the Euro. The inflow of capital into “high-yield assets” stimulates the sale of Euro and gold. Bloomberg reported that trade war talks were scheduled for Oct. 10-11 in Washington, citing people familiar with the arrangements, and China's top diplomat said China was willing to buy more U.S. products.

Trading recommendation: range 1.0870 -1.0930.

David Johnson
Analyst of «FreshForex» company
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