FX.co - Trader's diary on 07/29/2020. EURUSD

2020-07-29T08:34:30

Relevance until2020-07-30

EURUSD:

The euro is rising ahead of the Fed's meeting.

However, buying is not very interesting since the risk / reward ratio is not very good.

We are ready to buy from the level of 1.1670 and below.

Fed's meeting will be at 18:00 Universal time.

An important report on US GDP for the second quarter will be released tomorrow, July 30 at 12:30 Universal time.

*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 ★ Trader's diary on 07/29/2020. EURUSD