FX.co ★ Trader's diary: EURUSD on February 03, 2020. Euro at crossroads

The situation with coronavirus in the world remains tense. The number of patients outside of China already reached 12 thousand. Statistically growing to 20% per day.

Nonetheless, China's tremendous success in localizing and stopping the epidemic gives hope in slowing down its growth, if not stopped.

The US market showed strong growth on Wednesday, showing immunity from falls.

EURUSD:

Euro is at crossroads. Or on an upward movement towards 1.1246, or to deep correction. The situation remains complex.

You can keep purchases from 1.1100.