Corona virus summary:
The prime ministers of Spain and Portugal participated in a ceremony to officially reopentheir joint border to all travellers after a three-month closure. Elsewhere, tourists were welcomed back to Greece, Malta and Croatia on Wednesday. The Greek prime minister said his country should prepare for a "very difficult" tourist season, with revenues from tourism predicted to decline from €18.1bn to €5bn this year.
EUR has been trading sideways. I see further downside movement due to potetnial C leg in creation. There is potential for test of 1,1114-1,1090.
Resistance level is set at 1,1260
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.