Trading Plan for EUR / USD pair on 05/15/2019

Main news:

China shows a slowdown in the economy in April. On all fronts are the data on production, retail sales and investment. Against this background, it is especially unpleasant for China given Trump’s increase in duties on Chinese goods from May 10 and the threat of new duties from June 1.

The second important news: the German economy returned to growth in the first quarter of 2019, despite the reduced production which was due to the growth of trade, construction, and investment.

Markets are choosing new directions.

EUR / USD pair: Buy from 1.1270; Sell from 1.1130.

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

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MOKAR

Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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