FX.co - Evening review of EUR/USD on 05.10.2020

2020-10-05T14:19:48

Relevance until2020-10-06

Eventually, EUR has broken 1.1770 upwards with the next target at 1.1875.

I would suggest holding long positions from 1.1685 with stop loss at 1.1640.

Stop loss could be shifted to near 1.1680 with minor downward fine-tuning.

*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 of EUR/USD on 05.10.2020