Relevance up to 06:00 2019-11-28 UTC–8
So, the first part of the US data came out.
GDP is better than forecast: +2.1% instead of +1.9%.
Durable goods orders +0.6% – an expected decline.
The US economy is in decent shape.
EURUSD is slightly down. But we understand that up to about 1.0945, this can all unfold.
We are ready to sell from 1.0985.
However, if it turns up, we are ready to buy from 1.1035.
We are waiting for the release of the Fed’s Beige Book report at 20:00.
And the inflation report at 16:00 London time.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Performed by Sam Alan,
Analytical expert
InstaForex Group © 2007-2019
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