FX.co ★ Evening review on EURUSD for July 7, 2020

EURUSD:

In the morning, the euro was sold strongly until almost 1.1250. However, at about 13:00 UTC, it was bought back strongly to 1.1300.

The euro was then again sold almost to the lows of the day, but it was quickly bought up again.

You may keep purchases from 1.1245 until further developments.

Stop at 1.1240 with a target up to 1.1500.