Analysis for 2020-05-27
OKEx Utility (OKB) Cancellation option will be a strong growth of quotations USD CAD, indicating a change in the bullish trend for the euro against the dollar. An additional signal in favor of the growth is the test of the bottom of the bovine model « Wolfe Wave». We continue to hold the euro against the US dollar purchases and try to increase the volume of long positions with a close stop. The currency pair Euro to US Dollar EUR/USD continues to trade near the area of 1.0855. At the moment, the potential for upward movement in the area above the level of 1.0920 is preserved.