FX.co - Evening review of EURUSD on November 20, 2020

2020-11-20T12:33:07

Relevance until2020-11-22

EURUSD - The euro traded in a downward trend from the level of 1.1890 to 1.1850 - but immediately rebounded sharply.

Today, news came out that Pfizer may receive permission to vaccinate US citizens in December.

In general, the euro denouement is approaching. You may consider purchases from 1.1895.

But you may also consider opening a sell position from 1.1849 and further from 1.1815.

*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 November 20, 2020