FX.co - Evening review on October 12, 2020

12 October 2020 at 2:40PM (UTC+0)

Relevance until13 October 2020 at 2:19PM (UTC+0)

Markets are closely monitoring the US presidential elections and are looking forward to pleasing results in November.

Nevertheless, it is clear that the main competitors of the dollar are preparing an unpleasant rally for it - all together.

You may keep buying the euro with a stop and downward reversal from 1.1720.

Buy from 1.1830.

*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 October 12, 2020