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EUR/USD to test 1.1147 June 02, 2020

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The EUR/USD has gained ground amid the protests the US caused by the death of George Floyd by US law enforcement. The police brutal actions already have been criticized across the country and across the globe, e.g. in London. Fiber benefitted from this news. EUR/USD is edging higher to Pitchfork Channel. The pair may test liquidity pool at 1.1147 and then go to 1.1150 as long as it does not drop and close bellow the 1.1081 level.

The overall bias for EUR/USD is bullish.

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