Evening review of EURUSD 03/11/2020. The market is waiting for a signal for a new wave of fall

The market continues a period of some calm after the collapse of the previous period.

However, you should not hope for a reversal in a positive direction: the epidemic of coronavirus spreads at a very high speed (+10% per day). The market will receive a new portion of negativity on Thursday morning.

EURUSD: The euro awaits ECB decisions on Thursday. The ECB is likely to offer a new amount of liquidity - but the market reaction is not predictable.

I think it is more likely that the trend for the euro will continue upward.

We keep purchases from 1.1100.

We buy from 1.1200.