24 Maret 2020, EUR/USD
EURUSD trading plan:
We are expecting an uptrend to develop. The Federal Reserve is increasing its stimulus program. This is a positive factor for the European currency. The Federal Reserve will continue to purchase Treasury securities and agency mortgage-backed securities in the amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions. The Committee will include purchases of agency commercial mortgage-backed securities in its agency mortgage-backed security purchases.
Trading recommendation: Buy 1.0800 and take profit 1.0880.