Tuesday , October 22 2019
Home / senegal / Euro Dollar has more than 1.14 before the US GDP

Euro Dollar has more than 1.14 before the US GDP



He received EUR / USD more than 1,1400.

In fact, yesterday retreated 1,1370 support, including the uptrend line, giving more power to buyers.

He is currently recovering the euro dollar with rising pressure and gaining three-week highs of more than 1,1400.

I am looking for the next EUR / USD endurance in 1.1420, the movement can really be. In this regard, retirement will be paying attention, which should be above 1,1400; Otherwise, the correction risks could arise.

At 1.1420 above, the pair would look for 1,1440 and 1,1470.

Under 1,1400, the euro could fall to 1,1380 / 1,1370.

With regard to the news and the economic calendar, it should be emphasized that this program will be particularly busy, highlighting the publication of the planned United States GDP in Q4 2018, at 14:30.

According to economists, growth of 2.6% has fallen by 3.4% in the previous quarter, but some signs expect an unexpected disappointment.

Together with the big statistics, we keep track of Germany's inflation at 14:00, US unemployment weekly at 14.30 and Chicago PMI at 15:45.

It is currently marketed with Forex over € 1,1415 / EUR.

EUR / USD H1 table

Copyright (c) 2019 ProfessorForex.com. All rights reserved.


Source link