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19.11.201916:25 Forex Analysis & Reviews: Evening review of EURUSD 11/19/2019

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Exchange Rates 19.11.2019 analysis

There is no new important news in the market. The market is likely to wait for big events until December 11-12, when there will be three big events: a) the Fed's decision on rates; b) the ECB's decision on rates; c) British parliamentary elections – which will give some clarity on the issue of Brexit.

As long as we see the continuation of the growth attempt of EURUSD – the attempt continues to break up the resistance zone of 1.1080 – 1.1100.

While attempts are unsuccessful, we do not see a strong pullback either.

We stand in the purchase of 1.1045, stop at 1.1000.

Sales from 1.0985.

Jozef Kovach
Analytical expert of InstaForex
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