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FX.co ★ Trader's diary for June 29, 2020

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Forex Analysis:::2020-06-29T11:02:12

Trader's diary for June 29, 2020

Trader's diary for June 29, 2020

On the morning of June 29, the S&P 500 went on a good correction. Now there will be a new attempt at medium to medium growth where you may aggressively try to buy. However, you have to consider selling from the highs as the US economy has shown a rebound from the lows, which may also mean that the recovery may slow down significantly.

Trader's diary for June 29, 2020

EURUSD:

Euro attempts for growth.

You may consider purchases from 1.1245, stop at 1.1200. Set targets up to 1.1420 and above.

Note of the important news on July 1, Wednesday - US employment, and the ISM index for June.

Analyst InstaForex
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