4:54 PM · 6 August 2020

Breaking: US dollar weakens after Trump's tweet

The US dollar is losing ground after the recent words of Donald Trump. The US president wrote on his Twitter that he instructed his staff to continue work on a regulation aimed, among other things, at lowering the payroll tax.
EURUSD breached the support at 1.1830 again and then moved up. The last M15 bulish candle came after the US President's words. From a technical point of view, the aforementioned 1.1830 level remains a key support for buyers as long as the price sits above it, there is a chance that the 1.1900 resistance level will be tested.

EURUSD - M15 interval. Source: xStation5

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