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Trading plan for EURUSD on 08/15/2019

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The optimism caused by the postponement of Trump's new duties against China until December 15 was short-lived. The US market showed a strong decline. Investors take profits after 10 years of market growth.

After almost a week of consolidation, the euro has broken down the border of the range - down.

The break below 1.1160 is a fairly strong signal to decline.

Nevertheless, the main barrier on the way down is 1.1025

We keep sales from 1.1160 stop 1.1205.

We sell from 1.1025.

We buy from 1.1230.

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