EUR/USD: forecast for Aug. 28 - Sep. 1

EUR/USD remains within the overall uptrend. Only decline below 1.1650 will mean reversal to the downside. This level will become in focus if the euro slips below 1.1765 and 1.1690. Increase above 1.1845 is needed for the uptrend to continue. In this case further bullish targets will lie at 1.1900 and 1.2000. 



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Trading plan for February 18

The market will be mostly driven by the risk-on sentiment after the positive news on trade negotiations between the US and China. Let’s consider the key levels for AUD/USD and AUD/NZD.

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