Several stories affect the markets, but all with an uncertain outcome, which causes severe uncertainty.
US-China trade negotiations: Trump plans to sign the Senate bill in support of the protests in Hong Kong. This complicates negotiations. Moreover, on Wednesday, Trump, while visiting Apple's manufacturing facility, said that China was delaying negotiations and is "not doing enough" for an agreement. At the same time, Apple may receive exemptions on duties on the supply of parts from China.
The second plot is the impeachment of Trump. The process is developing against Trump - the evidence against him is growing. It plays against the dollar.
EURUSD:
We stand in the purchase of 1.1045 and expect continued growth.
Possible purchases at the breakthrough of 1.1085 up.
In the case of a downward reversal, we sell from 1.0985.
The material has been provided by InstaForex Company - www.instaforex.com