Weekly technical analysis of EUR-USD

The Euro Dollar: is trading below the broken support at 1.1750 - 1.1765 level, which ascends to the price mechanism now to correct in conjunction with the broken uptrend, which form an important resistance for the price to visit the last bottom again at 1.1615 as a short-term target. Beware of market volatility this week due to the start of the US presidential election 2020 and we advise all traders to maintain an appropriate stop loss for all trades.

Watch the weekly analysis on the Telegram channel from here

Adjustment: The score is +150 profit points