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FX.co ★ Trader's diary on 08/13/2020. EURUSD and US Market

Trader's diary on 08/13/2020. EURUSD and US Market

Trader's diary on 08/13/2020. EURUSD and US Market

S&P 500 - day.

The US market is back at the highs of the beginning of the year. Do you remember what it was like even before the coronavirus and the crisis? The US market is clearly overbought and requires a deep correction. The state of the economy is much worse than before the crisis, unemployment is at least 10%, and growth is slowing down. Therefore, you can start selling.

Trader's diary on 08/13/2020. EURUSD and US Market

EURUSD:

There is a new attempt to grow from the level of 1.1810.

We continue to buy deals.

We can consider selling from the level of 1.1710.

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