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FX.co ★ Evening review on EURUSD for June 25, 2020

Evening review on EURUSD for June 25, 2020

Evening review on EURUSD for June 25, 2020

EURUSD:

The important US data came out which turns out to be negative. The unemployed again rose to 1.5 million per week and the long-term unemployment of 19.5 million. There is not much progress.

On the other hand, orders for durable goods came out positive with a sharp increase of 15% in May after a strong fall of 18% in April.

Euro is pushed downward.

Prepare to sell from 1.1165. Stop at 45 points with a minimum goal of 100 points.

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