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26.02.202001:08 Forex Analysis & Reviews: Evening review 02/25/2020

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Exchange Rates 26.02.2020 analysis

Markets expect hints from the behavior of US indices: On Monday, the US market fell by 3.5% in major indices - after reports of the spread of coronavirus in Italy and South Korea.

Today, the market is waiting - will there be a continued fall in US indices or the market will calm down.

Furthermore, investors will wait until the release of new data on the virus tomorrow morning.

EURUSD: Correction continues.

The highest correction level is up 1.0910.

We are waiting for a reversal down and the euro to fall.

We sell from 1.0880 and above.

Jozef Kovach
Analytical expert of InstaForex
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