Great supply area, it is very likely that price will bounce here
That should interest you
Just before the open of the FTSE and other European markets, traders should look to study the support and resistance levels and the possible reactions to the previous night’s trading in the US, as well as moves that have occurred in the Far Eastern markets. Many…
EUR - BEARISH
1️⃣ Europe has been hit hard by the second wave of the coronavirus, becoming the second region after Latin America to surpass 250,000 deaths on Saturday.
2️⃣ German IFO declined as businesses grow more nervous with virus cases on the rise.