FX.co - Diary of a trader 07/16/2020. EURUSD

2020-07-16T21:38:34

Relevance until2020-07-17

EURUSD: Correction on growth.

Today the most important news for the euro and the market as a whole: the European Central Bank meeting and the US employment report for the week.

We are awaiting new promises from the ECB on market liquidity. It is clear that they will not raise rates.

We keep purchases from 1.1345, the target is 1.1500 and above.

Down 1.1250.

*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 ★ Diary of a trader 07/16/2020. EURUSD