FX.co - Evening review on October 19, 2020

2020-10-19T11:22:07

Relevance until2020-10-20

EURUSD:

You may consider buying euro from 1.1710 and 1.1748, with a stop at 1.1700.

Continue purchases at least up to 1.1860. If this turns out to be in order, then the target may be up to 1.2450.

We are observing the first pullback - a normal correction is not lower than 1.1720.

*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 19, 2020