Trading Plan 01/25/2019

On Thursday, the ECB gave a strong impetus to the fall of the euro: the head of the ECB Draghi made it clear that we should not expect an increase in rates on the euro until the autumn - and maybe more. The reason - the weak state of the eurozone economy - plus external problems in the form of trade disputes with the United States and unsettled relations with Britain after Brexit.

For Britain - the question of an agreement with the EU was postponed for next week - more and more chances that Britain's withdrawal from the EU will be postponed (possibly for a year).

The issue with the shutdown in the US should get some kind of continuation today - the US Senate will vote on a solution to the budget crisis.

Euro:

We are ready to sell the euro from 1.1285.

We are ready to buy euros from 1.1395.

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The material has been provided by InstaForex Company - www.instaforex.com