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01.07.202009:08 Forex Analysis & Reviews: Trader's diary for July 01, 2020

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EURUSD

The euro is currently in a narrow range. There is a possibility of a strong exit and a large movement upon the publication of the US economic report for the month of June.

The ADP employment report is expected at 12:15 UTC, and the ISM index for the month of June is expected at 14:00 UTC.

A strong data is expected, however, this may push the euro up and down, almost unpredictably.

Buy euro from 1.1290.

Sell from 1.1189 with stops at 45 points and take profit at 100 points.

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