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

Exchange Rates 01.07.2020 analysis


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.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Jozef Kovach,
Especialista em análise na InstaForex
© 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

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.

Não pode falar agora?
Faça sua pergunta no chat.