FX.co - Evening review of EURUSD on October 28, 2020

2020-10-28T12:44:46

Relevance until2020-10-29

The euro exhibits a significant decline a day before the report on the US GDP for the 3rd quarter and the decision of the ECB.

Consequently, the market has already decided on a direction.

You may keep selling from 1.1785, the stop can be moved almost to breakeven at 1.1790.

*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 of EURUSD on October 28, 2020