16.07.202014:49 Forex Analysis & Reviews: Evening review on EUR/USD for July 16, 2020

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The euro attempts to grow after the decision of the ECB on Thursday, July 16.

On its press conference, the ECB decided to leave the rate at 0% and continued the asset purchase program at 1.35 trillion euros at least until June 2021.

Meanwhile, long-term unemployment in the US fell from 18 million to 17.76 million and its employment grew by about 240 thousand per week. This is a significant slowdown.

EUR/USD:

You may keep purchases from 1.1345 with the first target of 1.1520.

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