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FX.co ★ Evening review of EUR/USD on August 26,2020

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Forex Analysis:::2020-08-26T15:12:11

Evening review of EUR/USD on August 26,2020

 Evening review of EUR/USD on August 26,2020

EUR/USD is still trading within the range.

Today, the US reported on its durable goods orders. The total number of orders advanced by11.2% exceeding the forecast. Orders excluding transport rise by 2.4% also beating the forecast.

As we can see, the euro showed positive reaction to the economic news from the US.

It is recommended to buy euro from the level of 1.1850.

Sell deals could be opened from 1.1750.

Analyst InstaForex
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