EUR/USD
On Thursday, as the news of the lower house of the US Congress' decision to impeach President Donald Trump was released, the euro rose by 32 points. However, since an impeachment requires 2/3 of votes, the day closed with a growth of 7 points, as it is quite obvious that the Senate, which is majorly consisted of Republicans, would not allow such situation to happen. AS of now, we are waiting for the price at the first target of 1.1060, on the nested line of the blue descending price channel.
On the four-hour chart, yesterday's growth stopped at the Kruzenshtern line, and the price turned down from it. Marlin is in negative territory, and there are no signs of a price reversal.
Today, the final estimate of the US/GDP data for the 3rd quarter will be released. The data on personal income and consumer spending for November is forecasted to be unchanged at 2.1%, income at 0.3% and spending at 0.4%. We are waiting for the further fall of the euro.
