The euro slowly fell, making strong bounces up.
A large package of support measures from the ECB is expected until next week.
The market will not surprise investors with strong movements at the end of the week. Over the weekend, important data regarding the situation of the coronavirus in the US will be collected. This is to track if whether there is a decrease in the number of deaths per day, as well as the number of infected cases. At present, the measures taken seem to remain less effective, and slow, every day there are almost 3,2000 newly reported cases, while the death toll reaches at approximately 2,500. The total number of infected cases have already reached 900 thousand.
The collected data on the virus will show the prospects of opening the economy in the United States.
EURUSD:
Be ready to buy from 1.0850.
There is no level for sales yet.
