Trading plan for EUR/USD for August 15, 2019

Technical outlook: The EUR/USD pair has failed to push above 1.1245 levels as expected. The bearish trend is likely to continue from here below 1.1020 levels. Immediate price resistance is still in place at 1.1285/90, followed by 1.1412 levels respectively. A safe strategy is to follow a trend. Therefore, selling on rallies is a preferable […]