FX.co - Evening review on EURUSD for July 14, 2020

14 July 2020 at 3:17PM (UTC+0)

Relevance until15 July 2020 at 3:08PM (UTC+0)

EURUSD:

The euro continues to trade upward and already managed to broke through 1.1370 and is trying to gain a foothold higher.

This what the ECB has expected. Investors turn to euro as insurance against the too aggressive Fed policy.

You may keep purchases from 1.1345, the minimum target is 1.1500.

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

Analytical expert

Jozef Kovach

FX.co ★ Evening review on EURUSD for July 14, 2020