EUR/USD analysis for August 05 2020 – Strong upside condiiton and potential for test of 1.1900

“Eurozone service sector business activity rebounded in July to grow at a rate not exceeded for over two years. France and Germany enjoyed especially strong gains though renewed growth was also recorded in Spain and Italy as COVID-19 containment measures continued to be relaxed. “Combined with a surge in manufacturing production, the renewed expansion of […]