FX.co - Evening review of EUR/USD on November 30,2020. Euro may drop

2020-11-30T15:00:26

Relevance until2020-12-01

EUR/USD: The euro is still gaining in value, but it may decline.

Buyers of the euro are waiting for a drop to 1.1930 or even lower. This will give them a change to open buy positions.

Sellers are focused on the level of 1.1880. However, they expect more lucrative conditions.

Buy positions could be opened from 1.1906 with the target of 1.2020.

*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 EUR/USD on November 30,2020. Euro may drop