empty
 
 
30.06.2020 01:48 PM
EUR/USD analysis for June 30 2020 - Downside pressure on the EUR with potentia lfor test of 1.1100

Corona virus summary:

This image is no longer relevant

The premier of Victoria, Australia, Daniel Andrews has announced the reintroduction of stage 3 stay-at-home orders for hotspot suburbs in the state.

From 11.59pm tomorrow night people living in those suburbs — which I'll list shortly — will only be allowed to leave their home for four reasons.

The orders will be in place until 29 July.

Victoria has been battling a new outbreak of coronavirus, which has seen double-digit one-day case increases for the last several days.

Technical analysis:

EUR/USD has been downwards. The price tested the level of 1,1195. I see further downside movement towards the last week low and even test of 1,1100.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback