Evening review EURUSD 06/10/2020. Ahead of the Fed meeting

The most important news from the Federal Reserve: everyone understands that the Fed rate will remain at the level of 0-0.25%

However, it is very important how the Fed assesses the state and prospects of the US economy now – when the most negative months are behind April and May, when the economies of Europe and the US have opened significantly.

The Fed will issue a statement – but, in addition, it will issue a forecast on key indicators.

EURUSD: I expect a sharp increase in the euro – in the direction of 1.1480.

I keep purchases from 1.1320.

Stop at 1.1275.

Alternative: sell from 1.1240.

Source: Evening review EURUSD 06/10/2020. Ahead of the Fed meeting

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