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FX.co ★ Daily review on EUR/USD for October 20, 2020

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Forex Analysis

20 October 2020 at 9:30AM (UTC+0)
iconRelevance until21 October 2020 at 9:08AM (UTC+0)

Daily review on EUR/USD for October 20, 2020

Daily review on EUR/USD for October 20, 2020

The EURUSD pair continues to grow.

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The euro ignores the deteriorating state of the economy inflicted by the coronavirus pandemic. Thus, the positive prospect that there are still chances for strong growth.

You may keep buying with a stop at 1.1700.

Buy from 1.1745.

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