Evening review 06/08/2020. EURUSD

Exchange Rates 08.06.2020 analysis

The S&P 500 – we are very close to the point of turning down for the US market. It is not known whether this growth will reach the highs of the pre-coronavirus crisis – but it is definitely not far away.

My suggestion is that EURUSD will try to grow – before the US market turns down.

This can happen on Wednesday after 18:00 London time – at the Federal Reserve meeting.

Exchange Rates 08.06.2020 analysis

EURUSD: So far, the trend is up.

Aggressively – purchase at the current with a target of 1.1380.

Conservatively – purchase from 1.1220 and below.

Source: Evening review 06/08/2020. EURUSD

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