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FX.co ★ EUR/USD analysis for May 26, 2020 - First target at the price of 1.0945 has been reached. Next upward target is set at 1.0005

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Forex Analysis:::2020-05-26T11:50:34

EUR/USD analysis for May 26, 2020 - First target at the price of 1.0945 has been reached. Next upward target is set at 1.0005

Corona virus summary:

EUR/USD analysis for May 26, 2020 - First target at the price of 1.0945 has been reached. Next upward target is set at 1.0005

Technical analysis:

EUR/USD has been trading upwards. As I expected, the EUR reached my first yesterday's target at 1,0945 and is heading for the next one at 1,1005.

Trading recommendation:

Resistance level is set at 1,1005

Analyst InstaForex
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