FX.co - Evening review on EURUSD for June 09, 2020

2020-06-09T12:53:33

Relevance until2020-06-10

EURUSD

There was a correction movement and at present, the upward trend continues.

In case the upward trend continues further, you may consider purchases from 1.1320 with the target of 1.1480, and stop at 1.1275.

For conservative transactions, buy from a pullback level of 1.1160.

The Fed's meeting is expected tomorrow, June 10, at 18:00 UTC.

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

Analytical expert

Jozef Kovach

FX.co ★ Evening review on EURUSD for June 09, 2020