14.07.202013:06 Forex Analysis & Reviews: Trader's diary for 07/14/2020. EUR/USD and ECB

Exchange Rates 14.07.2020 analysis


The single European currency increases before the meeting of the ECB on Thursday.

As a result, breaking through up the level of 1.1370 as well as a strong movement at the level of 1.1500 and above are expected.

We keep buying from the level of 1.1338 and then stop at 1.1290.

After that, we will consider declining to the level of 1.1250.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Jozef Kovach,
Odborný analytik spoločnosti InstaForex
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