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FX.co ★ Evening review for EURUSD on 01/28/2020. Virus in the spotlight

Evening review for EURUSD on 01/28/2020. Virus in the spotlight

Evening review for EURUSD on 01/28/2020. Virus in the spotlight

The outbreak of a new type of flu in China remains in the spotlight of the world's main media and markets: there is a real chance that it will not be possible to limit the spread and China will plunge into a large-scale epidemic.

Against this background, the Fed meeting tomorrow, January 29, takes a back seat.

EURUSD: sellers' pressure continues - new lows.

We keep sales from 1.1084.

Sales are possible in the case of rebounds to the top - from 1.1050 or higher.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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