As Europe is closing its borders, participants in the financial markets are trying to predict when this crisis might peak and finally come to an end. After having fallen for an extended period of time the EUR could gain some traction again.
We would like to buy EUR/USD at 1.0920 (Buy Limit Order) with SL at 1.0870 and TP at 1.1050.
As the US now has also admitted that the impact of the virus on the economy might be dire, a rebound in the Euro seems possible for today and tomorrow.
