FX.co - Evening review on August 31, 2020

2020-08-31T15:21:09

Relevance until2020-09-01

EURUSD:

The US employment report is expected ahead of this week.

Today, the euro has broken through the highs of the 1.1965 range and if it consolidates above, the second wave of the upward trend may begin.

You may keep buying from 1.1905 with a stop at 1.1860, but more cautious ones could move the stop at 1.1880.

*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 31, 2020