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16.07.202023:38 Forex Analysis & Reviews: Diary of a trader 07/16/2020. EURUSD

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Exchange Rates 16.07.2020 analysis

EURUSD: Correction on growth.

Today the most important news for the euro and the market as a whole: the European Central Bank meeting and the US employment report for the week.

We are awaiting new promises from the ECB on market liquidity. It is clear that they will not raise rates.

We keep purchases from 1.1345, the target is 1.1500 and above.

Down 1.1250.

Jozef Kovach
Analytical expert of InstaForex
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