FX.co ★ Trader's diary for May 25, 2020

Oil:

It can be seen that oil is at its highs since mid-April. This is inadequate to the foundation, since oil reserves are very large and market supply is higher than the demand. We are waiting for the fall.

EURUSD:

Euro returned to the range where it will either break above 1.0915, or fall to 1.0850 and below.

You may keep purchases from 1.0855, stop at breakeven.

A breakthrough of 1.1000 is possible down to 1.0770.