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FX.co ★ Evening review on EUR/USD for October 21. Buy deals could be opened after drop

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Forex Analysis

21 October 2020 at 2:54PM (UTC+0)
iconRelevance until22 October 2020 at 1:35PM (UTC+0)

Evening review on EUR/USD for October 21. Buy deals could be opened after drop

Evening review on EUR/USD for October 21. Buy deals could be opened after drop

The euro/dollar pair is still rising.

Buy deals could be held from 1.1710-1.1750. Stop is at 1.1700.

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It is extremely risky to open buy deals at the current level. The price may slump.

It is recommended to initiate deals from the level of 1.1810 or lower.

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