Daily Market Analysis 27|07|2020: EURUSDJuly 27, 2020 2020-07-27 8:19
Daily Market Analysis 27|07|2020: EURUSD
Buy position is envisaged if price trades above 1.17356 with take profit at 1.18290.
Sell position is envisaged if price trades below 1.16712 with take profit at 1.15987.
Core Durable Goods Orders m/m (USD) 1:30 PM
Durable Goods Orders m/m (USD) 1:30 PM
Comment: The pair crossed the 1.17 price mark for the first time since 2018 today and is still envisaged to push higher amidst the weakness of the dollar due to the US-China tensions.
Analysis SCRUM Team