FX.co ★ Evening review for May 05, 2020. EURUSD

Euro continues to struggle as the inflation rate in the eurozone is recorded at -2.8% which is much worse than the forecast.

The eurozone risks deflation even with huge injections of liquidity.

This leads the euro to move on a downward trend, although this is hardly enough for such an outcome.

You can buy euro upon breaking through 1.1020, upwards.

You may consider sales upon breaking through 1.0725.