FX.co ★ Trader's diary for 7/17/2020. EURUSD

EUR/USD:

The euro/dollar pair is starting a new attempt to grow.

We buy the dollar and the euro from pullbacks to the average.

The ECB's decision and news from the US are mixed for the euro. The ECB is for growth while the US wanted to slow it down.

We hold euro purchases from the level of 1.1345. The target is 1.1500 and above.

In case of a reversal, stopping at the minimum of today or waiting for a rebound up from this level can be considered.

We can also consider selling sharply from 1.1365.