WorldForex_Eng

EUR/USD Review, July 27-31, 2020

Long
FX:EURUSD   Euro / U.S. Dollar
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5
The currency pair developed its growth last week as the investors’ moods remain optimistic. EUR/USD growth was supported by Friday’s Eurozone PMI data.
French Services PMI has reached its pre-crisis levels. German PMIs were green as well. All those data releases contributed to EUR/USD growth.
We expect the currency pair to develop its growth targeting 1.1802.

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