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FX.co ★ Trading plan 11/28/2019 EURUSD

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Forex Analysis:::2019-11-28T06:29:55

Trading plan 11/28/2019 EURUSD

Trading plan 11/28/2019 EURUSD

A large package of data on the US economy has been released.

On the one hand, GDP data (+2.1%) and durable goods orders (+0.6%) are strong, and the dollar made an attempt to grow. The US stock market showed another day of growth and new highs.

On the other hand, inflation remains low (+0.1%) - this does not give the Federal Reserve any reason to tighten its policy - and the dollar stopped growth.

From other news - recent polls have shown that in Britain, Conservatives can count on a strong majority in Parliament - the pound has turned up, and this also affects the euro.

EURUSD:

We are ready to sell from 1.0985

We are ready to buy from 1.1035

Analyst InstaForex
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