Evening review on August 18, 2020

The EURUSD pair is coming out of 18-day consolidation below 1.1900. Looking back, we saw a way out of consolidation below 1.1400, and further growth by 500 points to 1.1900. By this logic, 1.2400 seems attainable. Further, the monthly candlestick is clearly bullish, thus those who considered purchases from 1.1810 with a stop at 1.165, […]