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Trading plan 01/17. EURUSD. Situation in favor of the dollar, euro tries to resist

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Latest news - in favor of the dollar:

Trump has signed a trade deal with China. At the same time, trade disagreements between the US and France escalated. Trump threatens with the introduction of duties on French wines, cheeses.

Economic news is also in favor of the dollar: strong data on US retail sales came out on Thursday.

EURUSD: sellers are trying to push the euro to 1.1100, but buyers are resisting.

We still keep euro purchases from 1.1035.

We buy from 1.1180.

We sell from 1.1085.

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