A report from reserve bank of Australia, world economic has downed to the recession due to the outbreak of coronavirus, which affected to every business and rising of unemployment rate around the globe.

However, world economic has grown up follow by the reopened of some major industry, which represent to the end of global recession.

Even though, economic trend still remain uncertainty while the expectation of economic growth may have affected as well.

Within the latest few months, infected population of some countries has dropped but some others still remain high. On Tuesday, the US has reported that the number has risen more than 3 million, especially in California, the cases risen from 10,201 to 283,979.

Pivot Point: 0.69500

R1: 0.69900 S1: 0.69100

R2: 0.70200 S2: 0.68700

R3: 0.70600 S3: 0.68300

Today forecast, investor should make a long position at current price of 0.69100, setting take profit at 0.69600 and stop loss at 0.68700.

Analyzed by: Mr. Long Samnang，Independent Analyst