EUR/USD analysis for June 11, 2020 – Strond bullish trend condiiton and potential for new rally towards the 1.1450

Protesters have pulled down a statue of Jefferson Davis, the Civil War-era president of the Confederacy, amid continuing protests triggered by the police killing of George Floyd and the wider issue of racism in the US.

Technical analysis:

EUR/USD has been trading sideways at the price of 1,1360. The trend is still to the upside and my advice is to watch for buying opportuntiies towards the levels at 1,1450 and 1,1490.

Trading recommendation:

Source: EUR/USD analysis for June 11, 2020 – Strond bullish trend condiiton and potential for new rally towards the 1.1450

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