FX.co - Evening review on August 4, 2020

2020-08-04T15:37:35

Relevance until2020-08-05

EURUSD: A local range has been formed.

The most profitable option is to enter a breakout of the range boundaries.

You may consider purchases from 1.1810 with a stop at 1.1765, and profit at 1.1910.

Sell from 1.1690, stop at 1.1735, profit at 1.1590.

*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 August 4, 2020