FX.co - Evening review of EURUSD on October 30, 2020

2020-10-30T14:56:14

Relevance until2020-11-01

S&P 500 one day before the opening

As the chart suggests, the US market does not exhibit positive dynamics despite the strong data on the economy.

The anticipation of Biden's victory in the election doesn't seem to be in the favor of the market.

Evening review of EURUSD on October 30, 2020

EURUSD: Euro stopped to decline.

You may hold sales from 1.1785, stop, and upside reversal from 1.1760.

Expect strong resistance upon correction at 1.1645.

Decisions will be made upon the closing of the day and this week's trading.

*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 EURUSD on October 30, 2020