Before, our target of 1.18 was hit, reached 1.20, followed by a pullback to 1.16. There we found support and now we are moving up again. I think it is likely that we re-test the 1.20 key level again which would align with the prior trend-line as resistance. Now with the election day getting closer and covid-19 impacting heavily the US, uncertainty grows and this likely weakens the Euro for the last quarter of the year.
