The Coronavirus Positioning at EURUSD

2020-02-26 14:03:07

We have seen a temporary recovery with EURUSD in the last 2 days, but we're sure this is temporary. The main resistance is 1,0890 (38,2 Fibbo)

Any additional negative news related with coronavirus will be impact negatively in EURUSD and we will see lower levels.

The support levels we are monitoring are1,0783 and 1,0717.