FX.co - EUR/USD analysis for May 26, 2020 - First target at the price of 1.0945 has been reached. Next upward target is set at 1.0005

2020-05-26T11:50:34

Relevance until2020-05-28

Corona virus summary:

EUR/USD analysis for May 26, 2020 - First target at the price of 1.0945 has been reached. Next upward target is set at 1.0005

Technical analysis:

EUR/USD has been trading upwards. As I expected, the EUR reached my first yesterday's target at 1,0945 and is heading for the next one at 1,1005.

Trading recommendation:

Resistance level is set at 1,1005

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

Analytical expert

Petar Jacimovic

FX.co ★ EUR/USD analysis for May 26, 2020 - First target at the price of 1.0945 has been reached. Next upward target is set at 1.0005