Evening review on October 13, 2020

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Evening review on  October 13, 2020

Evening review on October 13, 2020

Evening review on  October 13, 2020

We are waiting for an upward impulse of the EUR/USD pair.

To those expecting strong news on US inflation, as the Federal Reserve has initially stated, the indicator remains weak.

Both CPI inflation and CPI core are strictly at the forecast level of 0.2% – no signal for the market.

A purely technical move does not work.

You may keep buying the pair with a stop at 1.1730, and a downward reversal from 1.1730.

Buy from 1.1830.

The material has been provided by InstaForex Company – www.instaforex.com

Source : https://www.mt5.com/forex_analysis/quickview/261494/