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28.07.202017:29 Forex Analysis & Reviews: Evening review on July 28, 2020

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 28.07.2020 analysis

EURUSD:

The Euro is consolidating.

You may consider purchases from 1.1690 and below.

The continuation of the two-day meeting of the Fed is scheduled tomorrow at 18:00 UTC. Euro's consolidation is likely to take place until Wednesday evening.

Jozef Kovach
Analytical expert of InstaForex
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