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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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Trading Plan 03/27/2019

On Wednesday and Thursday, the British Parliament appointed key voting options for Brexit - control over the process is now in the hands of Parliament - and we need to determine the option that has a chance to acquire a majority. The options are very different ranging from - withdrawing from the EU without an agreement - through a new agreement with the EU in the form of preserving full trading conditions according to EU rules - and to the complete abolition of Brexit and even a new referendum.

The pound and the euro, of course, are waiting for decisions.

EURUSD: There is a slight downward movement, we sell from 1.1270.

However, the downward trend will begin with a break downwards at 1.1175.

Alternative: Buy from 1.1335 and a trend above 1.1450.

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